China Cablecom to Report Third Quarter 2009 Financial Results and Host Conference Call on December 8, 2009
04 Novembre 2009 - 5:15PM
PR Newswire (US)
SHANGHAI, Nov. 4 /PRNewswire-FirstCall/ -- China Cablecom Holdings,
Ltd. ("China Cablecom" or the "Company") (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 third
quarter ended September 30, 2009, before the open of US markets on
December 8, 2009. In addition, China Cablecom's management team
will host an earnings conference call at 8:30 a.m. Eastern Time on
December 8, 2009 (9:30 p.m. on December 8, 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
Mr. Sikan Tong, Chief Financial Officer, to discuss the financial
results for the third quarter 2009. To participate in this call,
interested parties may dial +1-866-225-8754 (US) or +1-480-629-9692
(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 December 22, 2009 until
midnight Eastern Daylight Time by dialing +1-800-406-7325 (US) or
+1-303-590-3030 (International) and entering access code 4181650.
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. China Cablecom has consummated the
acquisition of a 55 percent economic interest in a cable network in
Hubei province with paying subscribers exceeding 1,100,000. 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 1.67 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 Annual Report on Form 20-F filed on July 15, 2009.
CONTACT: China Cablecom Holdings, Ltd.
http://www.chinacablecom.net/ Debra Chen Phone: 917.499.8129 Email:
DATASOURCE: China Cablecom Holdings, Ltd. CONTACT: China Cablecom
Holdings, Ltd., Debra Chen, +1-917-499-8129, Web Site:
http://www.chinacablecom.net/
http://www.chinacablecom.net/investors
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