KOREA CABLE T.V CHUNG-BUK SYSTEM CO., LTD. is a Korea-based company engaged in the provision of cable television (TV) service. The Company provides cable TV services to households in Chungcheongbuk-do area; high-speed Internet services, which provides through cable modems and cable TV networks, and advertising services, playing commercial films through program providers (PPs) and regional channels. It also engages in the leasing of communication equipment, such as converters, high-speed modems and digital set-tops. In addition, through its subsidiaries, it engages in the provision of telecommunication services and maintenance services. The Company sold its entire shares of World Event Network TV Co.,Ltd. and entire stakes in two cable broadcasting companies, on March 31, 2013 and September 30, 2013, respectively.
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