China Cablecom to Report Second Quarter 2008 Financial Results and Host Conference...
* Reuters is not responsible for the content in this press release.
China Cablecom to Report Second Quarter 2008 Financial Results and Host
Conference Call on September 9, 2008
SHANGHAI, China, Aug. 27 /PRNewswire-FirstCall/ -- China Cablecom
Holdings, Ltd. ("China Cablecom") (Nasdaq: CABL) (Nasdaq: CABLW)
(Nasdaq: CABLU), a joint-venture provider of cable television services in the
People's Republic of China (PRC), today announced that it will report its
financial results for the second quarter ended June 30, 2008, before the open
of US markets on September 9, 2008. In addition, China Cablecom's management
team will host an earnings conference call at 8:30 a.m. Eastern Time on
September 9, 2008 (8:30 p.m. on September 9, 2008Shanghai time).
Mr. Clive Ng, Founder and Executive Chairman of China Cablecom, will be
joined by the Company's Chief Executive Officer, Mr. Pu Yue, and President and
Chief Financial Officer, Mr. Colin Sung to discuss its financial results for
the second quarter 2008. To participate on this call, interested parties may
dial +1-800-762-8795 (US) or +1-480-629-9041 (International).
Alternatively, participants may listen to the live broadcast of the call
over the internet at China Cablecom's Investor Relations website
(www.chinacablecom.net/investors).
A replay of the conference call will be available through September 23,
2008 at midnight Eastern Time by dialing +1-800-406-7325 (US) or
+1-303-590-3030 (International) and entering access code 3909677.
About China Cablecom Holdings
China Cablecom Holdings is a joint-venture provider of cable television
services in the People's Republic of China, operating in partnership with a
local state-owned enterprise ("SOE") authorized by the PRC government to
control the distribution of cable TV services through the deployment of analog
& digital cable services. China Cablecom recently consummated an agreement to
acquire a 60 percent economic interest in a cable network in Hubei province
with paying subscribers exceeding 800,000. The Company originally acquired
operating rights of the Binzhou Broadcasting network in Binzhou, Shandong
Province in September 2007 by entering into a series of asset purchase and
services agreements with a company organized by SOEs owned directly or
indirectly by local branches of SARFT in five different municipalities to
serve as a holding company of the relevant businesses. China Cablecom now
operates 22 cable networks with over 1.2 million paying subscribers and is
party to an agreement to acquire 800,000 additional subscribers in Hubei
province. China Cablecom Holdings' strategy is to replicate the acquisitions
by operating partnership models in other municipalities and provinces in the
PRC and then introducing operating efficiencies and increasing service
offerings in the networks it operates.
Safe Harbor Statement
The matters discussed in this press release contain "forward-looking
statements" as defined in the Private Securities Litigation Reform Act of
1995. Forward-looking statements contained in this presentation and in the
Company's other written and oral reports are based on current Company
expectations and are subject to risks and uncertainties, which could cause
actual results to differ materially. Any forward-looking statements are not
guarantees of future performance and actual results of operations, financial
condition and liquidity, and developments in the industry may differ
materially from those made in or suggested by the forward-looking statements
contained herein. These forward-looking statements are subject to numerous
risks, uncertainties and assumptions. The forward-looking statements herein
speak only as of the date stated herein and might not occur in light of these
risks, uncertainties, and assumptions. China Cablecom Holdings undertakes no
obligation and disclaims any obligation to publicly update or revise any
forward-looking statements, whether as a result of new information, future
events, or otherwise. You should carefully consider these factors as well as
the additional risk factors outlined in the filings that China Cablecom
Holdings makes with the U.S. Securities and Exchange Commission, including the
Registration Statement on Form S-1 filed on April 18, 2008.
CONTACT:
China Cablecom Holdings, Ltd.
Debra Chen
Phone: 917.499.8129
Email: debra@chinacablecom.net
www.chinacablecom.net
SOURCE China Cablecom Holdings, Ltd.
Debra Chen of China Cablecom Holdings, Ltd., +1-917-499-8129,
debra@chinacablecom.net
Comments (0)
This discussion is now closed. We welcome comments on our articles for a limited period after their publication.


Follow Reuters