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Cable TV company has finally admitted that they have gone bust and will cease operations.
The news will come as little surprise to thousands of customers of the company that was launch in 2010 and which acquired the rights to screen the English Premier League from under the nose of True Visions in 2013.
True announced last week that they have regained the rights to the EPL for the next three seasons until 2019 leaving CTH in the cable wilderness.
The EPL was the “jewel in the crown” for CTH but it cost them 9 billion baht and a total of 20 billion baht was invested in the
company across all channels. But they were beset with problems and were unable to attract a sufficient customer base. They were
criticized for poor service and customer relations.
Many subscribers did not pay bills. As the company failed to answer telephone calls and emails many bills built up to large amounts and were never recovered by the company.
But their website still seemed to indicate that CTH were in denial about the service they provided as they blamed the state of the economy for bringing an end to their operation.
True had shown the premier league for many years before the CTH deal and though they lost several thousand customers to CTH it is True that has won out in the end. All EPL matches will be shown on True across about seven dedicated channels on mobile and television with customers able to see many other sports as part of packages costing up to around 400 baht per month.