To: +Kim Carter (6019 )
From: +art slott Thursday, Aug 12 1999 6:07PM ET
Reply # of 6071
From SFA earnings report.
with our North American sales in the fourth quarter. Our transmission sales increased 34% versus last year's fourth quarter, while our subscriber business increased 31% over the same period.'
Digital deployments increase 5-fold in six months
Seventy-nine Scientific-Atlanta digital interactive cable systems have been installed at customer sites to date. Of those installed, 58 cable systems have launched commercial services to paying customers. This compares to 24 systems launched at the end of the previous quarter and 8 systems at the end of the second quarter. ''It is evident that the rate of deployment is accelerating as our customers respond to growing consumer demand,' McDonald said.
More than a half million Explorer 2000 digital set-tops shipped in fiscal
year
During the fourth quarter the company shipped 178,000 Explorer 2000
digital interactive set-tops, making a total of 511,000 shipped during the
fiscal year. Approximately 230,000 units have been installed in homes with
the remainder, less than 6,000 per system, held in cable operators'
inventories. Customers are installing the set-tops in subscriber homes at a
rate of approximately 20,000 per week compared to 4,000 per week at the
beginning of the fourth quarter.
Digital set-top production to double again
The company announced during the quarter that it would double production capacity for digital interactive set-tops from 1 million units annually to 2 million units. A year ago, annual capacity was doubled from 500,000 units to 1 million. ''This second increase is the result of customer assessments of their future needs based on extremely favorable initial consumer reaction,' McDonald said.
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