|
China Cablecom Holdings to Present at
Collins Stewart Fourth Annual Growth Conference in New York
July 02, 2008
China Cablecom Holdings, Ltd. ("China Cablecom") (OTCBB: CCCHF) (OTCBB:
CCCZF) (OTCBB: CCCWF), a joint-venture provider of cable television
services in the People's Republic of China (PRC), announced that the
Company will make a presentation at the Collins Stewart Fourth
Annual Growth Conference held at the Mandarin Oriental Hotel in New
York City. Mr. Pu Yue, Chief Executive Officer, and Mr. Colin Sung,
President and Chief Financial Officer, are scheduled to present at
9:30 a.m. Eastern Time (ET) on Tuesday, July 8, 2008.
The presentation will be held in Track 4 and management will be
available to participate in one-on-one meetings with conference
attendees throughout the day on July 8th. It is anticipated that
management will provide an overview of the China Cablecom's recent
completion of its phase one acquisition of Hubei Chutian Network,
business strategy, the growing cable network market in China,
current competitive landscape of the cable industry, and the
Company's long-term growth strategy.
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 and digital cable
services. China Cablecom recently consummated the acquisition of 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. As a result of the closing of phase one
of the Hubei transaction, China Cablecom currently operates 22 cable
networks with over 1.2 million paying subscribers. 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 may contain
"forward-looking statements" as defined in the Private Securities
Litigation Reform Act of 1995. Any forward-looking statements
contained in this press release 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 speak
only as of the date stated herein and are subject to numerous 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.
|
