Digital TV technology company Pace plc has clinched a deal to supply set-top boxes to Argentina’s largest cable operator, Cablevision.
It is a crucial move in building the company’s business in the huge Latin American market. The firm has also won a top award for its change management programme that has transformed it from a loss-maker three years ago into a world leader.
The Saltaire-based firm will supply both high definition and digital video recorder set-top boxes to support a new service being introduced by Cablevision, which will be the most advanced digital TV service in Latin America.
Pace equipment will give viewers access to a wide range of TV and radio programmes through an electronic programme guide.
They will be able to record up to 70 hours of HD 150 hours of standard definition programmes pause and rewind live TV, record one channel while watching another or record two programmes at the same time while watching a third.
Mike Pulli, president of Pace Americas, said: “Cablevision’s selection of Pace as a strategic launch partner for the new MAX digital television service further demonstrates Pace’s commitment to the growing pay TV markets in Latin America.”
The deal continues the success that enabled chief executive Neil Gaydon to say at a trading update last month that the company is “knocking the cover off the ball”. He said: “Pace is firmly on track to meet management’s expectations for the 2009 financial year, as the group continues to perform well strategically, commercially and operationally.”
The group, which employs 900 staff, including 450 at its base in Salts Mill, was overall winner in the Chartered Institute of Personnel and Development People Management Awards. It also won the Change Management category.
The awards, which follow Pace’s win in the CBI’s Human Capital Award, recognise the impact that the company’s human resources strategy has played in transforming the business success.
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