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China Digital TV Holding's CEO Discusses 4Q2011 Results - Earnings Call Transcript

China Digital TV Holding Co., Ltd ( STV)

Q4 2011 Earnings Call

February 29, 2012 7:00 p.m. EST

Executives

Nan Hao – Senior Supervisor, Ir

Dong Li – President and CEO

Zhenwen Liang – CFO

Analysts

Philip Wan – Morgan Stanley

Question-and-Answer Session

Operator

The question-and-answer session of this conference call will start in a moment. In order to be fair to all callers who wish to ask questions, we will take one question at a time from each caller. If you have more than one question, please request to join the question queue again after your first question has been addressed. One moment please for the first question.

Our first question comes from the line of Philip Wan with Morgan Stanley.

Philip Wan – Morgan Stanley

Thanks. Good morning, Mr. Li, Mr. Liang and Nan Hao. Thanks for taking my question.

First of all, could you share with us the progress of China -- cable TV digitalization in China from what you have seen? For instance, how many province have already completed the consolidation? And in what percentage of network has operated a two-way network? Thank you.

Nan Hao

Okay. First of all, I will ask Mr. Liang to answer your question.

Operator

And once again, ladies and gentlemen, if you would like to ask a question, please press star then 1 on your telephone.

Nan Hao

First, your first question will be answered by Mr. Dong Li.

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