HTC is reportedly rolling out an update for One V users, which will bring support for Media Link HD. HTC Media Link HD is a device that allows users to stream content from their phones to a larger HD display.
Dubbed as version 2.08.401.2, the update is 46.77MB in size. There are no details on the roll-out pattern of this update but it should ideally reach your device very soon.
You can check for software updates on the HTC One V by selecting:
Settings –> About –> Software Updates –> Check Now