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. Macau Cable TV does not currently offer broadband internet or telephony services, and TeleGeography’s GlobalComms Database says that it did not come forward in the government’s tender for two new fixed network operating licences after the liberalisation of the sector at the end of 2011; the sole company to submit an application by the deadline of 27 March 2012 was locally-incorporated MTel Telecommunications.
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