China Digital TV (NYSE: STV) States that its Policy is Not to Comment on Unusual Market Activity
BEIJING, Feb. 5, 2013 /PRNewswire/ -- China Digital TV Holding Co., Ltd. (NYSE: STV) ("China Digital TV" or the "Company") is the leading provider of conditional access ("CA") systems to China's expanding digital television market. In view of the unusual market activity in the Company's ADS on Tuesday, February 5, 2013, the New York Stock Exchange contacted the Company in accordance with its usual practice. The Company stated that its policy is not to comment on unusual market activity.
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.
For more information please visit the Investor Relations section of China Digital TV's website at http://ir.chinadtv.cn.
Investor Relations Manager
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SOURCE China Digital TV Holding Co., Ltd.