Entrance of i-cable / Cable TV office at Cable TV Tower in Tsuen Wan. Hong Kong’s biggest pay TV operator. Photo: Felix Wong
Hong Kong pay-TV leader i-Cable taps main shareholder for more funds to help end decade of losses
- Company is selling HK$200 million of convertible bonds with 2 per cent annual coupon to replenish its capital for investment
- i-Cable is required to invest HK$3.45 billion from 2017 to 2023 on infrastructure, contents under its operating concession
Topic |
Hong Kong Stock Exchange
Entrance of i-cable / Cable TV office at Cable TV Tower in Tsuen Wan. Hong Kong’s biggest pay TV operator. Photo: Felix Wong