How much does it cost to Set up a cable TV business?

[hastral45]

To set up cable TV services in Nigeria is a capital intensive project. There are lots of bottlenecks bureaucracy that must be settled before license could be granted. Though the project is lucrative in nature.

 

[IB D]

In my country, you need a license to open a cable TV business. You would closely be monitored by the broadcasting regular. If you can, lobby around to get better positions i

 

[uptrendfinancialsignal]

it does not even make sense to venture in the business you do not know how to manage. that is why I recommend people to learn from those who are already into the business before they venture into it.

The record number of people who engage themselves in this type of activity and it is totally wrong.

 

[Chibson]

In my country, you need a license to open a cable TV business. You would closely be monitored by the broadcasting regular. If you can, lobby around to get better positions i

That's true, you actually need to obtain a licence from them before you operate this kind of busines. Close monitoring is also important.

 

[IB D]

The most espensive part of this business is having to install your satellite in space. If you don't, you won't be able to send out sound and clear signals. And a little harsh weather conditions would affect reception of your network.

 

[Hate2Wait]

I think it will cost a lot of money in Millions but if you are interested then you can partner with someone and start working as its quite a profitable business idea

 

[cherry123]

This is a big business here do it is always extremely expensive to set up a cable business company Just to provide lighting alone here is expensive maybe with 20000 dollars.

 

[Hate2Wait]

It does costs a lot of money plus you also need to hire people who can work for you and are technical because not everyone can do this type of technical work

 

[Sophie]

Businesses like cable television businesses and the likes usually cost a lot to start up.
Infact generally any business tech related are usually expensive to start up.
And they usually bring unfaithful employees

 

[hastral45]

Setting up a cable television business is a cost intensive business. It is a business that involves several stages with each stages cost intensive. Starting from application, registration, Approval, licensing and so on and so forth. Proper arrangement must rmad for financial rforr

 

[Etini Willie]

Cable TV is not a business for just anyone. It requires a great deal of technical equipment and manpower. You must define a clear approach to this business of you want to succeed. It is a highly technical business which a potential investor should take at least a year to study before indulging.

 

[nomad]

Forget about the Cable TV business, I do not think these businesses are profitable as IPTV is getting more popular. As far as investment is concerned, starting IPTV cost a lot of money.

 

[Authenticity101]

Most people don't like digital tv for sure. They prefer cable tv since they can get all the channels they love. I don't know how much is needed to have such a cable tv business, one will need to do a business plan for that.