April 5, 2012 – Wichai Thongtang, a veteran investor, vows a turnaround of Cable Thai Holding (CTH), his latest venture, in 3-5 years despite heavy investment plans during the period.
source:nationmultimedia.com
“The local cable TV business is promising, particularly driven by a larger customer base following the Asean Economic Community in 2015,” said the former lawyer.
“I’m fascinated by CTH’s business model…how it spans the country and was set up by many local cable operators, a rare phenomenon in business.”
CTH was founded by 300 local cable TV operators in 2009, mainly as a platform to provide quality content and share the costs of importing international programmes among shareholders.
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