STV
From China Stock Market
Contents |
China Digital TV Holding Co., Ltd
From Reuters: China Digital TV Holding Co., Ltd. (CDTV Holding) is a provider of conditional access (CA) systems to the digital television market in the People’s Republic of China. The Company’s CA systems, which consist of smart cards, head-end software for television network operators and terminal-end software for set-top box manufacturers, enable digital television network operators in China to control the distribution of content and value-added services to their subscribers and block unauthorized access to their networks. Its core products and services include end-to-end CA systems, other digital television application software for television network operators and set-top box designs. As of June 30, 2007, the Company had installed CA systems at 130 digital television network operators in 26 of the 32 provinces, autonomous regions and centrally administered municipalities in the People’s Republic of China.
How To Invest
China Digital TV Holding Co., Ltd. floated its share on NYSE in an IPO that raised $192 million. You can buy shares of STV with any US brokerage account.
Competitors
No real competitors in China.
Key Development
- Nov. 15, 2007 - reported Q3 07 results. YoY revenue is up 37%, YoY profit is up 53%. The majority of its revenue comes from the sale of the company's smart cards.
- IPO in Oct. 2007 at $16 per share. Initial day pop over 100%.
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