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China Cablecom Announces Broadband Development Agreement With Hubei Unicom
[November 11, 2009]

China Cablecom Announces Broadband Development Agreement With Hubei Unicom


SHANGHAI, Nov. 11 /PRNewswire-FirstCall/ -- China Cablecom Holdings, Ltd. ("China Cablecom" or the "Company") , a joint-venture provider of cable television services in the People's Republic of China (PRC), announced a series of broadband development agreements between 7 of its joint venture subsidiaries and Hubei Unicom, a provincial subsidiary of China Unicom, for its broadband development network in the Hubei province.



The broadband development agreements are follow-on executions of a strategic alliance framework agreement between Hubei Unicom and Hubei General Radio & Television Stations, the major shareholder of the Hubei SOE (Hubei Chutian Radio & Television Information Network Co., Ltd.) which occurred in early October. Pursuant to the agreement, both companies will participate in developing broadband capabilities as Hubei General Radio & Television Stations will contribute its content sources to develop 3G mobile phone and internet services in collaboration with Hubei Unicom.

This agreement ensures unlimited access to broadband bandwidth, significant enhancement of network reliability, strong customer service platform and scalability of connection services within the Hubei regions. As of today, 7 of the Company's 23 cable networks, representing over half of Hubei's total subscriber base, have secured such agreements.


"We believe that the timing of this partnership is exceptional as we continue to grow and establish a solid footprint in the world's largest broadband and television market by measure of subscribers. Broadband services have created opportunities for the Company to expand our service portfolio and contribute to our rapid ARPU growth. We view this as a long-term partnership with one of the most successful service providers in China," says Pu Yue, Chief Executive Officer of China Cablecom Holdings. "As a result, we believe that China Cablecom is receiving more favorable purchasing power in broadband bandwidth on a wider scale and will be expected to build efficiencies implemented by Hubei Unicom's customer management, billing and service system for its broadband customers." About China Cablecom China Cablecom is a joint-venture provider of cable television services in the People's Republic of China, operating in partnership with a local state-owned enterprise ("SOE") authorized by the PRC government to control the distribution of cable TV services through the deployment of analog and digital cable services. China Cablecom has consummated the acquisition of a 55 percent economic interest in a cable network in Hubei province with paying subscribers exceeding 1,100,000. The Company originally acquired operating rights of the Binzhou Broadcasting network in Binzhou, Shandong Province in September 2007 by entering into a series of asset purchase and services agreements with a company organized by SOEs, owned directly or indirectly by local branches of State Administration of Radio, Film and Television in five different municipalities to serve as a holding company of the relevant businesses. China Cablecom now operates 28 cable networks with over 1.67 million paying subscribers. China Cablecom's strategy is to replicate the acquisitions by operating partnership models in other municipalities and provinces in the PRC and then introducing operating efficiencies and increasing service offerings in the networks in which it operates.

Safe Harbor Statement The matters discussed in this press release contain "forward-looking statements" as defined in the Private Securities Litigation Reform Act of 1995. Forward-looking statements contained in this presentation and in the Company's other written and oral reports are based on current Company expectations and are subject to numerous risks, uncertainties and assumptions, Any forward-looking statements are not guarantees of future performance and actual results of operations, financial condition and liquidity. The forward-looking statements herein speak only as of the date stated herein and might not occur or the actual results may differ materially in light of these risks, uncertainties, and assumptions. The Company undertakes no obligation and disclaims any obligation to publicly update or revise any forward-looking statements, whether as a result of new information, future events, or otherwise. You should carefully consider these factors, as well as the additional risk factors outlined in the filings that the Company makes with the U.S. Securities and Exchange Commission, including the Annual Report on Form 20-F filed on July 15, 2009.

CONTACT: China Cablecom Holdings, Ltd.

Debra Chen Phone: 917.499.8129 Email: [email protected] China Cablecom Holdings, Ltd.

CONTACT: Debra Chen of China Cablecom Holdings, Ltd., +1-917-499-8129,[email protected] Web Site: http://www.chinacablecom.net/

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