Cable Broadband (1097) announced to return the pay TV service license to the government early, and will increase resources for free TV services.
I-Cable resumed trading this morning, and its stock price was last reported at 0.071 yuan, a 44.9% increase.
The cable broadband pay television service license was originally scheduled to expire at the end of May 2029.
How will cable subscribers deal with returning their set-top boxes after June 1?
According to i-CABLE, subscribers can keep their existing set-top boxes and other equipment; if subscribers do not intend to keep the equipment, they can return it to the recycling point provided by cable TV, or call the customer service hotline 1832821 to make an appointment to collect the set-top box, but relevant fees will be charged.
The contract has not yet expired after May 31, 2023, how should I cut the order?
The TV service will be automatically terminated on June 1, and subscribers do not need to submit any termination documents.
However, if it ends on or before May 31, the user needs to submit a service termination notice 30 days before the contract, otherwise the basic monthly fee will be paid until May 31, 2023.
It is reported that pay TV will be terminated and 10% of the workforce will be laid off. Cable Broadband: Recruitment Unplanned layoffs. Cable Broadband will terminate pay TV. Scholars: The main multi-channel streaming platform is not feasible. The 30th anniversary of TV’s launch on June 1 bid farewell to the audience. In recent years, the financial crisis has led to multiple layoffs. Cable TV has returned pay TV licenses ahead of schedule. Cable news brands have no layoff plans. No layoffs Cable Broadband | Guild approves Cable TV 6.1 to return pay TV license: purely commercial decision
