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Business For Sale Listing 144029

Digital TV Venture in China

Status as of Dec-2-2008 at 06:01 PM: Off The Market

Business Summary

A successful cable TV and integrated-service provider is planning a joint venture with a city cable service in China.
The new joint venture has already been approved by government officials and the venture will be in cooperation with established Beijing cable service firms. Signed agreements will allow this new venture to be the sole provider (monopoly) of digital television in the city.
This new venture will be based on a business model successfully implemented in another city in China's southeast region by the aforementioned cable TV/integrated-service provider.
The joint venture partners are looking for investor participation up to 130 million RMB (or US$18.6 million).


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Industry

Sector: Information & Communications
Industry: Television Broadcasting

Location

Classification: Asia & Pacific // China
Location: Northest China

Financials

Sales: Not Applicable (Startup Company)
Profits: Not Disclosed
Profit Type: Not Applicable
Asking Price: Between $15 Million and $20 Million   ($18.6 million)
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