RCS - Mirada PLC - Mirada Surpasses 1m Android TV Operator Tier STBs

MiradaAnnouncement

23/11/2021 07:00

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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 (mailto: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 (mailto: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
(http://www.mirada.tv/) .

 

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