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Article: Broadcom Inks Deal with Indian Telecom, Cable Co.

Article from:
Orange County Business Journal
Article date:
January 12, 2009
Author:
Copyright

Symwave Adds Three Tech Execs to Advisory Board; Vangard Lands $2M in Venture Funds

TECHNOLOGY

Irvine chipmaker Broadcom Corp. signed a deal to sell its satellite set-top box chips to one of India's biggest telecommunications and cable providers.

Broadcom is selling chips to Bharti Airtel Ltd., a unit of Bharti Enterprises, which has its headquarters in New Delhi.

"Direct-to-home" digital TV services in India have grown in popularity among the Indian middle class, Broadcom officials said.

India's burgeoning pay-TV market potential is expected to include 90 million subscribers by 2012, according to data from market researcher In-Stat, a unit of London-based Reed Elsevier Group PLC.

The deal ...

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