Cable Thai Holdings (CTH), one of the biggest pay TV operators in Thailand has announced that it will be focussing more on its satellite TV operators. In order to do that, it will be severing ties with few of its local cable television partners. This way, the player hopes add to is subscriber base with this move.
Chirdsak Kukiattinun, chairman of the CTH executive committee, noted that CTH has been encountering problems when it comes to expanding on a local level through local cable operators and that was one of the reasons why it has decided on such a drastic measure. This means CTH will be letting go of 70 cable partners. Currently it has 170.
CTH has been very vocal about its ambitious expansion plans. It currently has 500,000 subscribers to its name. But the company has noted that it wants to increase it to 3 million by the end of this year itself.
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