Singapore, 1 July 2009 – CNBC, First in Business Worldwide, Asia Pacific added to its pan-Asian distribution by launching on TFN Media’s newly formed digital CATV service, “New TV”. The channel will be available to subscribers from today, July 1, 2009.
TFN Media is wholly owned by Taiwan Mobile Co., Taiwan’s leading mobile operator, carrying over 6.5 million mobile subscribers and 550,000 cable subscribers in the market. With the launch of “New TV”, TFN Media targets to hit 100,000 subscribers in 3 years time.
“This launch is the first of more distribution expansion we want to push through in this market,” said Jacqueline Lam, Head of Network Distribution, CNBC Asia Pacific.
“We are pleased to be able to bring CNBC to households in Taiwan through “New TV” as it provides Taiwan viewers the access to invaluable global financial news and information coupled with high profile guest interviews that only CNBC can provide and is recognized for,” she added.
“New TV’s launch is a milestone for Taiwan Mobile. It represents our determination and ability to be more than just a telecommunications company. We look forward to CNBC’s contribution to the service as it will bring first-rate business news to our viewers and add significant value to the platform,” said James Jeng, COO, HBG and President of TFN Media Co.
CNBC will be aired on Channel 309 on TFN Media’s “New TV”
About CNBC Asia Pacific
In Asia Pacific, CNBC is headquartered in Singapore and is available in over 21 countries across the region and distributed to over 140 million households. CNBC Asia Pacific’s channels, include CNBC Asia, CNBC-TV18 (India), CNBC Pakistan and Nikkei-CNBC (Japan). CNBC also has a strategic alliance with China Business Network, a wholly owned subsidiary of the Shanghai Media Group. The channels are distributed via satellite, cable and terrestrial broadcast networks, as well as broadband. CNBC content is also distributed on the 3G platform through selective markets. For more information, please visit us at asiatv.cnbc.com