Source - LSE Non-Regulatory
RNS Number : 1951T
Mirada PLC
23 November 2021
 

23 November 2021

 

Reach - non-regulatory announcement

 

Mirada plc

("Mirada", "the Company" or "the Group")

 

Mirada surpasses deployment of one million set-top boxes powered by its Android TV Operator Tier offering

 

Mirada (AIM: MIRA), a leading provider of integrated software solutions for digital TV operators and broadcasters, announces that across its customer base it has surpassed the deployment of one million set-top boxes ("STB") powered by its Android TV Operator Tier offering.

 

Android TV is fast becoming the platform of choice for operators. It offers superior functionality, with an app store, voice control, personalised recommendations and a user interface that puts content first. It also grants operators and service providers the ability to easily layer on their own branding.

 

Using statistics published by technology research firm Omdia, Mirada STBs now constitute approximately 5% of the expected 20 million global Android TV Operator Tier STB installed base in 2021. Omdia forecasts that 50 million Android TV Operator Tier STBs will be in use in 2024, with Mirada confident of continuing to consolidate its market share.

 

José-Luis Vázquez, CEO of Mirada, commented: "To have rolled out our Android TV Operator Tier set-top boxes at a rate of circa 17,000 per week despite the global chipset shortage and installation challenges posed by the pandemic is both a great achievement and strong validation of our decision to back this technology.

 

Android TV is now seen as the gold standard in the industry, and having established ourselves as one of the world's preeminent providers, we are incredibly excited about the growth opportunities that lie ahead with both existing and prospective customers as market conditions continue to normalise."

 

Contacts

 

 

 

Mirada plc

+44 (0)20 8187 1661  

José-Luis Vázquez, Chief Executive Officer

investors@mirada.tv

Gonzalo Babío, Finance Director

 

 

 

Allenby Capital Limited (Nominated Adviser & Broker)

+44 (0)20 3328 5656

Jeremy Porter/Liz Kirchner (Corporate Finance)

 

Jos Pinnington (Sales and Corporate Broking)

 

 

 

Alma PR (Financial PR Adviser)

+44 (0)20 3405 0205

David Ison

mirada@almapr.co.uk

Andy Bryant

 

Matthew Young

 

 

About Mirada

 

Mirada is a leading provider of products and services for Digital TV Operators and Broadcasters. Founded in 2000 and led by CEO José Luis Vázquez, the Company prides itself on having spent over 20 years as a pioneer in the Digital TV market. Mirada's core focus is on the ever-growing demand for TV Everywhere for which it offers a complete suite of end-to-end modular products across multiple devices, all with innovative state-of-the-art UI designs. Mirada's products and solutions, acclaimed for unparalleled flexibility and optimal time to market, have been deployed by some of the biggest names in digital media and broadcasting including Televisa, ATN International, Telefonica, Sky, Virgin Media, BBC, ITV, Skytel and France Telecom Orange. Headquartered in London, Mirada has commercial representation across Europe, Latin America and Southeast Asia and operates technology centres in the UK, Spain and Mexico. For more information, visit www.mirada.tv.

 

About Reach announcements

This is a Reach announcement. Reach is an investor communication service aimed at assisting listed and unlisted (including AIM traded) companies to distribute media only / non-regulatory news releases into the public domain.  Information required to be notified under the AIM Rules for Companies, Market Abuse Regulation or other regulation would be disseminated as a RNS regulatory announcement and not on Reach.

 

 

This information is provided by Reach, the non-regulatory press release distribution service of RNS, part of the London Stock Exchange. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.

Reach is a non-regulatory news service. By using this service an issuer is confirming that the information contained within this announcement is of a non-regulatory nature. Reach announcements are identified with an orange label and the word “Reach” in the source column of the News Explorer pages of London Stock Exchange’s website so that they are distinguished from the RNS UK regulatory service. Other vendors subscribing for Reach press releases may use a different method to distinguish Reach announcements from UK regulatory news.

RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.
 
END
 
 
NRAEAFFAAEXFFAA
Find out how to deal online from £1.50 in a SIPP, ISA or Dealing account.