China Digital TV wins smartcard tender at Venezuela's CANTV

BEIJING — China Digital TV Holding Co., Ltd. (NYSE: STV) (“China Digital TV”), the leading conditional access systems provider in China’s expanding digital television market, today announced that it has won a tender to supply 900,000 smart cards to CANTV, the leading integrated telecommunication service provider in Venezuela, for use on CANTV’s direct-to-home (“DTH”) platform.

China Digital TV had already installed a conditional access (CA) system, a subscriber management system (SMS), and electronic program guides (EPGs) on CANTV’s DTH satellite platform to enhance the performance of the operator’s Internet protocol television (IPTV) network.

CANTV’s DTH platform covers the entire territory of Venezuela, serving more than 500,000 paying subscribers.

Dr. Zengxiang Lu, CEO of China Digital TV, commented, “We are delighted to win yet another tender from CANTV. We will work closely with them to tailor our solutions to their needs, and look forward to helping them strengthen their position in Venezuela’s emerging pay-TV market. We are pleased with the progress we are making in expanding our business overseas amid increasing demand for China Digital TV’s products and solutions in developing markets.”