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Article: HBCO to Add 600,000 Cable Subscribers to Its Broadcasting Network
- Article from:
- PR Newswire
- Article date:
- August 15, 1996
CopyrightCOPYRIGHT 1996 PR Newswire Association LLC. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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NEW YORK, Aug. 15 /PRNewswire/ -- Hungarian Broadcasting Corp. (Nasdaq-Small Cap: HBCO) announced through its Chairman, Peter E. Klenner, that it has contracted with or signed letters of intent with 85 cable television operators in Hungary to add 600,000 cable television subscribers to its distribution network. These cable operators can receive channel A3's broadcast signal via satellite beginning September 1st. This will bring channel A3's total distribution in Hungary to 1.4 million households or 38% of all TV households in the country.
Over the next six months HBCO believes that it will contract with other cable operators serving an additional 400,000 cable ...