China Cablecom to Attend SIG Second Annual Beijing Management Summit
September 04 2008 - 4:30PM
PR Newswire (US)
SHANGHAI, China, Sept. 4 /PRNewswire-FirstCall/ -- China Cablecom
Holdings, Ltd. ("China Cablecom") (Nasdaq: CABL; CABLW; CABLU), a
joint-venture provider of cable television services in the People's
Republic of China (PRC), today announced that the Company will
attend SIG's Second Annual Beijing Management Summit to be held at
the Grand Hyatt Hotel in Beijing, China, from Wednesday, September
10 to Friday, September 12, 2008. Mr. Pu Yue, Chief Executive
Officer and Mr. Colin Sung, President and Chief Financial Officer,
will be available to participate in one-on-one meetings with
conference attendees throughout the three-day event. To schedule
meetings with China Cablecom's management team in advance of the
conference, please contact Debra Chen at 212-888-8890. 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 Information: China Cablecom Holdings,
Ltd. Debra Chen 917-499-8129 Email: http://www.chinacablecom.net/
DATASOURCE: China Cablecom Holdings, Ltd. CONTACT: Debra Chen of
China Cablecom Holdings, Ltd., +1-917-499-8129, Web site:
http://www.chinacablecom.net/
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