Arris 'placing a big bet on cable operators'

Arris (Nasdaq: ARRS) hopes that a laser focus on cable operators and a wider focus on the home entertainment center will revitalize what CEO Bob Stanzione admits is a lagging business.

Stanzione said the company is "placing a big bet on the cable operators, and not hedging. For the most part we're like Ivory soap-99 percent pure." Second, it's building its new business around a "set-top box on steroids" (aka a media gateway) that Stanzione told the Atlanta Journal-Constitution "opens up a whole new segment of the addressable market."

"Top-line growth has stagnated for two years," Stanzione admitted in the article, but the new boxes and a continued faith in cable mean "we'll be back on a growth path in the second half of the year."

For more:
- the Atlanta Journal-Constitution has this story

Related articles:
Report: Arris in talks to buy SeaChange
Arris revenues down, IP focus up as Comcast, Time Warner buy less

Suggested Articles

NCTA-The Internet and Television Association is pointing to a new report that shows the cable industry had a $450 billion impact on the U.S. economy in 2018.

CBS is warning viewers that AT&T’s pay TV services including DirecTV, DirecTV Now and U-verse could lose CBS broadcast networks soon if a new agreement isn…

Ultimately, operators will need to begin now to adopt a new data-centric approach, knowing that changes may take years to accomplish.