China Cablecom Holdings, Ltd. (CABL) Reports Strong Second Quarter Financials
China Cablecom, www.chinacablecom.net – has quickly risen to become a dominant force on the PRC cable landscape with some 28 cable networks and 1.8M paid subscribers, announcing strong unaudited financial results for Q2 FY10 (ended June 30). Founder and Executive Chairman of CABL, Clive Ng, noted the incredible performance of the Company’s joint venture partners and cable operations in Binzhou and Hubei, projected a 2015 date for the fully digital TV broadcasting benchmark and compared the results to Q2 FY09: Hubei revenues up 29% to $10.9M Hubei subscriptions up 20% or roughly 23k new subscribers Hubei earnings (EBITDA) were up…