HONG KONG'S I-CABLE SET FOR $129 MILLION REFINANCING

Struggling Hong Kong pay-TV platform, I-Cable is seeking $91 million (HK$704 million) of refinancing through a share issue expected to bring in new investors. I-Cable is Hong Kong's leading conventional cable TV provider, though it has been overtaken by PCCW's Now TV, which is delivered as an IPTV service. Its news channel is regarded as... Read more »

Variety.com (Date:04/21/2017 13:23) Read full article >>

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Hong Kong:
Cable: A cable is most often two or more wires running side by side and bonded, twisted, or braided together to form a single assembly, but can also refer to a heavy strong rope. In mechanics, cables, otherwise known as wire ropes, are used for lifting, hauling, and towing or conveying force through tensio