Cable Thai Holding To Enter Laos Market
Cable Thai Holding (CTH) has formed a joint venture in Laos with two local partners in a move to expand its market.
Kittsanan Ngampathipong, CTH chief executive officer, said the company signed a deal last week to form a joint venture to create CTH SSN Television (Laos) with Lao’s communications and broadcasting business TK Group and broadcaster SSN.
The joint venture will broadcast English Premier League matches as well as CTH’s own content in Laos. It will also enter the broadband Internet business. CTH is comprised of more than 300 cable-TV operators and provides of fibre-optic transmission and Internet broadband. Last year it surprised the market by snatching up the EPL broadcasting rights for …….