According to advanced-television.com, French parent company Altice Group intends to invest EUR500 million (USD623.5 million) in its recently acquired Portuguese cableco Cabovisao this year. The funds will largely be used to boost the number of TV channels offered by the company, and to expand its coverage in large cities such as Lisbon, Porto, Braga and Guimaraes
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OVETEL Altice Group plots EUR500m investment in Cabovisao; are further acquisitions on the cards?
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