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Pace keeping pace, says Report

Pace, the technology developer for pay-TV and broadband service providers, has announced its Interim Management Statement for the period  1 July 2013 to 13 November 2013 (“period”), and asserts that trading performance in the period has shown “good progress with continued momentum across the business,” with revenues for FY2013 expected to be broadly in-line with 2012.

Pace CEO Mike Pulli, says: “Following a strong first half in 2013, Pace has made further good progress in the period with continued momentum across the business. The transformation of our supply chain is nearly complete and we are seeing meaningful benefits both operationally and financially. Wins with tier one customers reinforce our leadership position in PayTV hardware and our strategy of widening out our products and services continues to build momentum with wins and deployments across all of the regions we operate in.”

For more information go here. Read IP&TV’s great recent interview with Pace’s Peter Simpson here

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