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True to launch cable TV in Myanmar

Thai quadruple-play operator True Corp has announced a plan to launch cable TV services in Myanmar this year with a potential investment of THB1 billion (USD31 million), reports.

CEO Suphachai Chearavanont told the Bangkok Post that True expects to finalise a joint venture plan with Myanmar’s government on the cable TV project this year, and intends to spend ‘at least’ THB1 billion on the service.

True will apply for a cable TV broadcasting licence once the Myanmar government starts issuing them.

Suphachai said that True will capitalise on the popularity of Thai entertainment content in Myanmar, and will produce local-language programming.