Macau Cable TV has announced that it is prepared to invest MOP200 million (USD25 million) in the local telecoms market after gaining extra funding through shareholder investment and loans. Macau's sole cable TV provider aims to expand its service range by utilising existing fibre-optic infrastructure, and said that it is open to cooperation with other local operators.
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OVETEL Macau Cable TV to invest USD25m, but will it enter fixed telecoms market?
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