Hong Kong's i-CABLE adds 30k pay TV subscribers in 1H09

Tuesday, August 11th, 2009 
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• Migration to a more secure encryption system is expected to be completed by October to better protect the Pay TV revenue;
• High definition TV service is being rolled out this month to coincide with the opening of the new European soccer season and the climax of the US PGA tour

HONG KONG — i-CABLE Communications (Hong Kong:1097) has released its Interim Results Announcement for the six months ended June 30, 2009.

Pay Television

Subscribers increased by 30,000 or 3% in the period to 947,000. The Group has built a new defence system against piracy; given a new look to its entertainment platform; and will launch its High Definition service showcasing prized premium content next month.

Subscribers:

             June  December
             2009      2008
         --------  --------
Pay TV    947,000   917,000

More: Earnings Release