Thailand’s True Corporation has plans to enter neighbouring Myanmar’s cable-TV market this year.

According to The Bangkok Post, the company announced that it will be making a possible investment of one billion baht.

True’s Chief Executive, Suphachai Chearavanont, said the company hopes to reach an agreement with the Myanmar government on the joint venture this year.

True will apply for a cable-TV broadcasting licence as soon as the Myanmar government starts issuing them.