VENEZUELA NEWS BULLETIN
**** China Digital TV Wins Satellite TV
Contract in Venezuela
**** UNASUR:
An Emerging Geopolitical Force
***** Venezuela
needs to explain brief of new Center for Situational Study (Cesna)
China
Digital TV Wins Satellite TV Contract in Venezuela
Fri May 28, 6:00 AM
BEIJING, May 28 /PRNewswire-Asia/ -- China Digital TV Holding Co., Ltd.
(NYSE: STV) ("China Digital TV"), the leading provider of conditional
access systems to China's expanding digital television market, today
announced that it has entered into a contract with CANTV, the leading
integrated telecommunication service provider in Venezuela, to install
various systems and solutions on CANTV's direct-to-home (DTH) satellite
platform.
CANTV is the largest integrated telecom operator in Venezuela and has
been developing its IPTV services since 2009, expecting to deliver IPTV
beta tests in 2010.
China Digital TV has been engaged to install a conditional access (CA)
system, a subscriber management system (SMS), and electronic program
guides (EPGs) on CANTV's DTH satellite platform to enhance the
operator's IPTV network. The DTH platform is expected to begin beta
testing in the third quarter of 2010 and be fully operational in early
2011. It is expected to cover the entire territory of Venezuela,
servicing more than 600,000 paying subscribers by 2015.
Tracy Yue, general manager of China Digital TV's overseas business,
commented, "We are delighted to win our first contract in Latin
America, which shows the solid progress we are making in overseas
market expansion. This encouraging achievement also demonstrates the
strong demand for China Digital TV's products and services in emerging
markets. We will continuously optimize our solutions during the
implementation process according to the needs of CANTV, and assist
CANTV to enhance its competitiveness in Venezuela's emerging pay-TV
market."
Alfredo Munoz, manager of multimedia operations at CANTV commented, "We
are excited to partner with China Digital TV, whose solutions have
demonstrated great success in China, the world's largest TV market by
viewership. China Digital TV's excellent security technology,
anti-piracy solutions, and high-quality service enjoy a high reputation
among industry players in the China market. We are very confident in
our partner's ability to provide the advanced technologies and
solutions necessary for the success of our groundbreaking DTH project."
Safe Harbor Statements
This announcement contains forward-looking statements within the
meaning of Section 27A of the Securities Act of 1933, as amended, and
Section 21E of the Securities Exchange Act of 1934, as amended. Such
forward-looking statements are made under the "safe harbor" provisions
of the U.S. Private Securities Litigation Reform Act of 1995.
These forward-looking statements can be identified by terminology such
as "will," "expects," "anticipates," "future," "intends," "plans,"
"believes," "estimates," "may," "should" and similar expressions. Such
forward-looking statements include, without limitation and comments by
management in this announcement about trends in the CA systems, digital
television, cable television and related industries in the PRC and
China Digital TV's strategic and operational plans and future market
positions. China Digital TV may also make forward-looking statements in
its periodic reports to the U.S. Securities and Exchange Commission, in
its annual report to shareholders, in press releases and other written
materials and in oral statements made by its officers, directors or
employees to third parties. Statements that are not historical facts,
including statements about China Digital TV's beliefs and expectations,
are forward-looking statements. Forward-looking statements involve
inherent risks and uncertainties. A number of factors could cause
actual results to differ materially from projections contained or
implied in any forward-looking statement, including but not limited to
the following: competition in the CA systems, digital television, cable
television and related industries in the PRC and the impact of such
competition on prices, our ability to implement our business
strategies, changes in technology, the structure of the cable
television industry or television viewer preferences, changes in PRC
laws, regulations or policies with respect to the CA systems, digital
television, cable television and related industries, including the
extent of non-PRC companies' participation in such industries, and
changes in political, economic, legal and social conditions in the PRC,
including the government's policies with respect to economic growth,
foreign exchange and foreign investment.
Further information regarding these and other risks and uncertainties
is included in our annual report on Form 20-F and other documents filed
with the U.S. Securities and Exchange Commission. China Digital TV does
not assume any obligation to update any forward-looking statements,
which apply only as of the date of this press release.
About China Digital TV
Founded in 2004, China Digital TV is the leading provider of CA systems
to China's expanding digital television market. CA systems enable
television network operators to manage the delivery of customized
content and services to their subscribers. China Digital TV conducts
substantially all of its business through its PRC subsidiary, Beijing
Super TV Co., Ltd., and its affiliate, Beijing Novel-Super Digital TV
Technology Co., Ltd., as well as subsidiaries of its affiliate.
ABOUT CANTV
CANTV (BVC: TDV-D) is the first telephone service enterprises in
Venezuela, founded in 1930. The company was re-nationalized in 2007. As
of December 2009, CANTV's customer base numbered 13.43 million mobile
subscribers, 5.63 million fixed telephony subscribers and 1,264,000
broadband subscribers.
For investor and media inquiries, please contact:
In China:
Eric Yuan
China Digital TV
Tel: +86-10-8279-0021
Email: ir@chinadtv.cn
Cynthia He
Brunswick Group LLC
Tel: +86-10-6566-2256
Email: che@brunswickgroup.com
In the US:
Kate Tellier
Brunswick Group LLC
Tel: +1-212-706-7879
http://ca.news.finance.yahoo.com/s/28052010/31/link-f-prnewswire-china-digital-tv-wins-satellite-tv-contract-venezuela.html
Email: ktellier@brunswickgroup.com
SOURCE China Digital TV Holding Co., Ltd.
http://ca.news.finance.yahoo.com/s/28052010/31/link-f-prnewswire-china-digital-tv-wins-satellite-tv-contract-venezuela.html
Published: Friday, June 04, 2010Bylined to: Patrick J. O'Donoghue
Venezuela needs to explain brief of new Center for Situational Study (Cesna)
VHeadline
News
Editor
Patrick
J. O'Donoghue reports: ABC digital and Radio
Netherlands report that the Venezuelan government has created a
situational center specifically to "collect, compile, collate and
analyze information of national interest which could be declared
classified."
The new body is called the Center for Situational Studies of the Nation
(Cesna) and will be affiliated to the Interior & Justice (MIJ)
Ministry.
The setting up of Cesna was announced in the Gaceta Oficial on
Wednesday but there has been no mention of it in pro-government media.
It is presumed that Cesna will interact with the National Intelligence
Service (Sebin), formerly the dreaded DISIP. Most ministries and public
services have a media department or press team, which collects news
cuttings related to their own office. Miraflores Palace has a similar
department that collects and collates media cuttings which are passed
on the President for his briefings.
The new organ is believed to have been created to beef up state and
national security. A more sinister element comes to light and requires
explanation in the following sentence that: Cesna "could declare of
reserved, classified character or for limited release any information,
event or circumstance, which it becomes aware of in the exercise of its
duties."
President Chavez is expected to elaborate on the precise functions of
the new intelligence organ during his Sunday radio address and release
the name of the person or persons who will run Cesna.
According to the Dutch report, Control Ciudadano NGO director, Rocio
San Miguel is leading opposition to the decree, alleging that it will
limit access to public information and is a direct attack on freedom of
expression. She slams presidential decree No.7.454 creating Cesna as
unconstitutional.
Patrick J. O'Donoghue
news.editor@vheadline.com
http://www.vheadline.com/patrick
http://www.vheadline.com/
readnews.asp?id=92810