0
General

China Digital TV provides update on Super TV deal

Wednesday 11 January 2017 | 13:41 CET | News
China Digital TV Holding, a provider of cloud-based application platforms and conditional access systems, has provided an update on the pending sale of its interests in Beijing Super TV, held by Golden Benefit Technology, an indirect subsidiary of the company. Pursuant to the equity transfer agreement announced on 7 November 2016, and the supplemental agreement to equity transfer agreement dated 28 December 2016, China Digital TV has received, through its Chinese affiliate, an amount equal to CNY 610 million less the previously received deposit, from Changxing Bao Li Rui Xin Technology, the

Thank you for visiting Telecompaper

We hope you've enjoyed your free articles. Sign up below to get access to the rest of this article and all the telecom news you need.

  • Register free and gain access to even more articles from Telecompaper. Register here
  • Subscribe and get unlimited access to Telecompaper’s full coverage, with a customised choice of news, commentary, research and alerts.

Subscriptions

Already registered?



Free Headlines in your E-mail

Every day we send out a free e-mail with the most important headlines of the last 24 hours.

Subscribe now

Categories: General
Companies: China Digital TV Holding
Countries: China
::: add a comment

Add comment

We welcome comments that add value to the discussion. We attempt to block comments that use offensive language or appear to be spam, and our editors frequently review the comments to ensure they are appropriate. If you see a comment that you believe is inappropriate to the discussion, you can bring it to our attention by using the report abuse links. As the comments are written and submitted by visitors of the Telecompaper website, they in no way represent the opinion of Telecompaper.


Related

China Digital TV to pay USD 1.50 special cash dividend

Published 24 Apr 2017 10:42 CET | China
China Digital TV's board of directors has declared a special cash dividend of USD 1.50 per ordinary share. Each of the company's ...

China Digital TV Q4 profit boosted by Beijing Super TV sale

Published 01 Mar 2017 14:13 CET | China
China Digital TV, a provider of cloud-based application platforms and conditional access systems, saw its fourth-quarter net ...