China Cablecom to Report Financial Results for the First Half of 2009 and Host Conference Call on August 27th
August 20 2009 - 7:30AM
PR Newswire (US)
SHANGHAI, Aug. 20 /PRNewswire-FirstCall/ -- China Cablecom
Holdings, Ltd. ("China Cablecom" or the "Company") (NASDAQ:CABL)
(NASDAQ:CABLW) (NASDAQ: CABLU), today announced that it will report
its financial results for the first six months of 2009 ended June
30, 2009, before the open of US markets on Thursday, August 27,
2009. In addition, China Cablecom's management team will host an
earnings conference call at 8:30 a.m. Eastern Time on August 27,
2009 (8:30 p.m. on August 27, 2009 Shanghai time). Mr. Clive Ng,
Founder and Executive Chairman of China Cablecom, will be joined by
Mr. Pu Yue, the Company's Chief Executive Officer, and Chief
Financial Officer, Mr. Sikan Tong, to discuss its financial results
for the first half of 2009. To participate in this call, interested
parties may dial +1-877-941-9205 (US) or +1-480-629-9835
(International). Alternatively, participants may listen to the live
broadcast of the call over the internet at China Cablecom's
Investor Relations website
(http://www.chinacablecom.net/investors). A replay of the
conference call will be available through September 10, 2009 until
midnight Eastern Daylight Time by dialing +1-800-406-7325 (US) or
+1-303-590-3030 (International) and entering access code 4145747.
About China Cablecom China Cablecom 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
and digital cable services. In June 2008, China Cablecom
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 State Administration of
Radio, Film and Television in five different municipalities to
serve as a holding company of the relevant businesses. China
Cablecom now operates 28 cable networks with over 1.4 million
paying subscribers. China Cablecom's 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 in which 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
numerous risks, uncertainties and assumptions, Any forward-looking
statements are not guarantees of future performance and actual
results of operations, financial condition and liquidity.. The
forward-looking statements herein speak only as of the date stated
herein and might not occur or the actual results may differ
materially in light of these risks, uncertainties, and assumptions.
The Company 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 the
Company makes with the U.S. Securities and Exchange Commission,
including the Registration Statement on Form S-1 filed on April 18,
2008. http://www.chinacablecom.net/ CONTACT: China Cablecom
Holdings, Ltd. Debra Chen Phone: 917.499.8129 Email: DATASOURCE:
China Cablecom Holdings, Ltd. CONTACT: Debra Chen, China Cablecom
Holdings, Ltd., +1-917-499-8129, Web Site:
http://www.chinacablecom.net/
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