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Thread: True Visions

  1. #1
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    True Visions

    What's up with UBC?

    They were UBC. Then it was UBC/True/MCOT. Now it's "True Visions". They've even changed the domain on their web site from ubctv.com to truevisionstv.com.

    Their web site says: "True Visions Public Company Limited (TrueVisions) (formerly United Broadcasting Corporation Public Company Limited (UBC)) was created by the 1998 merger...."

    So why the change of name and corporate identity?

    http://www.truevisionstv.com/

  2. #2
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    Let's go back a bit further. First it was IBC (International Broadcasting Corporation. Then along came U-Com. Then they combined to form UBC.

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    Quote Originally Posted by JoGeAr
    Let's go back a bit further. First it was IBC (International Broadcasting Corporation. Then along came U-Com. Then they combined to form UBC.
    Yeah, that bit's on their web site, as well....

    But, why did MCOT make that brief appearance and now why abandon the well-known and easy-to-remember-brand of UBC?

  4. #4
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    And why did they reprogram their channels onto a different frequency yesterday. It took me hours to sort out my UBC clone for the upstairs bedroom.

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    Seems like Thai get something that works and you get used to the layout, Stores of anything else, and then they change it just to fuck you up I think.Just like Begbie, it took me awhile to sort em out.
    UBC shows an awful lot of commercials anymore, I heard when I first got UBC that they had to agree to no commercials when they were given a license to operate.
    They use commercial programming that thery snatch off the ether and rebroadcast it instead of paying for sat programs that are made without all the commercial insertion places in them.

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    they were bought out - by a South African Group I understand (about 8 months ago)

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    Quote Originally Posted by William
    they were bought out
    Who bought whom?

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    Amazing. Today they've added a tiny little "MCOT" to the new True Visions logo....

  9. #9
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    I guess I'm the only one interested in this sort of thing....

    But, of note, I see True Visions will begin to offer digital tuners with built-in DVR's "real soon now"....

  10. #10
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    AC - sorry, not ignoring you but locating the article was harder than I had thought (because I was doing a news trawl rather than web search). Here you go:


    THAILAND: True Corp set to take over UBC

    Telecom True Corp will take over Thailand cable TV operator United Broadcasting Corporation in a 11.8 billion baht deal
    Bangkok Post
    Tuesday, November 8, 2005
    By Bamrung Amnatcharoenrit Komsan Tortermvasana
    Telecom giant True Corp yesterday announced it will take over cable TV operator United Broadcasting Corp (UBC) in a deal worth up to 11.8 billion baht. True will buy a 30.59% stake in UBC from MIH Holdings for US$150 million, or around six billion baht.
    The transaction will boost True's holding in UBC to around 70%. True will also launch a tender offer for the 221 million shares outstanding at 26.5 baht per share, the same as the purchase price for the MIH transaction.
    The tender offer, priced at a 16.5% premium to UBC's current market price, will cost True 5.8 billion baht if it goes through. True will then delist UBC from the Stock Exchange of Thailand (SET).
    MIH also will sell its stake holding in internet service provider KSC Internet in a separate deal valued at 425 million baht. South African company MIH has cable TV, internet and technology-related businesses in 50 countries, and is a unit of the media company Naspers.
    Supachai Cheavaranont, the chief executive of True, said the deal would give the company greater control of its business lines and pave the way for the future convergence of voice, data and multimedia services to customers.
    True now controls a full array of fixed-line, wireless, internet and television services, with only gateway and third-generation (3G) cellular licences missing from its line-up.
    "This deal makes us the first telecom player with nearly all the telecom licenses offered in hand," Mr Supachai said.
    True will finance the transactions through a US$290 million loan from Deutsche Bank, with another US$40 million coming from internal cash flow.
    The transaction comes at a period of rapid change within the telecom sector. Last month, Norwegian giant Telenor announced it was taking control of United Communications Industry (Ucom) and mobile phone operator Dtac from the founding Bencharongkul family in a deal worth 9.2 billion baht.
    The National Telecommunications Commission (NTC), meanwhile, is preparing to issue new 3G cellular licences sometime next year, a development that will eventually lead to broadband services on cellular phones.
    True said the UBC transaction is expected to be completed in March. Both True and UBC will hold extraordinary shareholders' meetings to approve the transaction on Dec 13.
    Mr Supachai said the takeover would help further the group's vision for "convergence," where different communication channels could offer a combination of voice, data and multimedia content.
    True will also be able to achieve cost-savings and synergies by consolidating its broadcasting and internet operations.
    The company's broadband internet offerings compete directly with KSC Internet. True's plans to offer broadband TV services also had the potential to compete with UBC's pay-TV offerings.
    "UBC will play a key role in producing programmes for [True] and, at the same time, sharing content with other media channels. Particularly in broadband service, the business today faces slower growth due to content shortage," Mr Supachai said.
    He said the acquisition would not have any effect on UBC's daily operations, its 1,200 employees or expansion plans. UBC currently has around 470,000 subscribers.
    UBC last month cut its share par value to three baht from 10 baht, an accounting move that allowed the company to write off 6.68 billion baht in accumulated losses. The company reported a first-half net profit of 543.3 million baht on revenues of 3.9 billion baht.
    True, which has more than two million fixed-line subscribers, over 250,000 broadband internet subscribers and nearly four million mobile phone subscribers through subsidiary TA Orange, reported first-half losses of 818 million baht on revenues of 23.9 billion.
    Shares of both True and UBC were suspended from trading yesterday on the SET pending the announcement.
    Date Posted: 11/8/2005

  11. #11
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    Quote Originally Posted by William
    AC - sorry, not ignoring you but locating the article was harder than I had thought (because I was doing a news trawl rather than web search).
    Thanks for all the work, William.

    I'm fascinated by corporate machinations and the way companies present themselves to the public, especially in light of transactions like this one. It' seems there's always more than meets the eye.

  12. #12
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    Quote Originally Posted by Anonymous Coward
    built-in DVR's "real soon now"
    That might tempt me into subscribing.

    I wonder if there will be an english language programme guide?

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    Quote Originally Posted by Helicopter
    I wonder if there will be an english language programme guide?
    The current program guide only includes the current and next program on any one channel. Of course, for a DVR to be effective you need to know programming days or weeks in advance.

  14. #14
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    The January issue of their magazine has all the old and new channel numbers in the middle monthly guide section.

    I will loan you my kids. 15 minutes and a piece of scratch paper and they had every channel sorted out. Example 12 is new movie channel 13 HBO, 14 Cinemax, ESPN 69, Star Sports 70, CNN 75 and BBC 76. You can hire them for 300 baht an hour to figure out your channels for you.

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    Thailand Expat AntRobertson's Avatar
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    Quote Originally Posted by aging one
    Example 12 is new movie channel 13 HBO, 14 Cinemax, ESPN 69, Star Sports 70, CNN 75 and BBC 76
    And that's the problem! The 'on-line' guide - when it's actually even working that is - now has huge gaps in it so you're forced to scroll for ages. Bastards!

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    It's not the channels, it's the advance schedule. A DVR will only work as intended if it has online access to a long term schedule; a week or more. The current online schedule only shows the current show and then next one. Not adequate for a DVR.

    The February issue of True Visions magazine has a lovely cover that your kids can cut out and assemble into a new channel guide and 2007 calendar (marked with the Chinese auspicious dates). Putting it together should occupy them for at least ten minutes!

    It also has a Thai-only explanation of the new DVR service. (Ms. AC says you can use it to order pizza....0

  17. #17
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    Quote Originally Posted by Anonymous Coward
    It's not the channels, it's the advance schedule. A DVR will only work as intended if it has online access to a long term schedule; a week or more. The current online schedule only shows the current show and then next one. Not adequate for a DVR.
    Thats what I tried to say!! But in all honesty my kids have found a way to scroll when the OSD program guide is on the screen, and they can go through and memorize the new settings in one go.

    And I thought they could read better in Thai than English, not the case when looking for their favorite shows.

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    I guess I don't understand what you're saying AO. You mean your kids can tell me what's on channel 35 next week Wednesday at 1:00 PM by looking at the OSD program guide? If they can, I'd like to know how.

    With my Mom's digital cable service her online program guide goes forward for about a month so you can pick shows you want to record well into the future. I don't see how to do that with the current True Visions online guide.

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    i cannot even work out how you record a program so you're both ahead of me

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    Thailand Expat AntRobertson's Avatar
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    I'm lucky enough to have both M-Net (SA Sat-TV) and UBC at my house.

    But the side-by-side comparison is less than flattering for UBC/True-Vision/Whatever the fock they're calling themselves now.

    The online guide for M-Net is never full of 'gaps' as with UBC, it doesn't go down quicker than a Patpong girl the moment it starts raining, and the schedule is for a full month.

    All this and it's worthwhile bearing in mind that M-Net is a South African based service, not 'local' like UBC.

  21. #21
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    Quote Originally Posted by Anonymous Coward
    I guess I don't understand what you're saying AO. You mean your kids can tell me what's on channel 35 next week Wednesday at 1:00 PM by looking at the OSD program guide? If they can, I'd like to know how.
    No, AC they cant do that But they did get everything fixed up including jumping though all the unused channels.

    William, I used to know how to record from video tape but my machine died. Fuck and now I am gonna miss part of the superbowl delivering them to school.
    I wonder if they are old enough to be taught how to hitchhike.

  22. #22
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    Quote Originally Posted by AntRobertson
    All this and it's worthwhile bearing in mind that M-Net is a South African based service, not 'local' like UBC
    Do you pay for it, or is it "free"?

  23. #23
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    Quote Originally Posted by Anonymous Coward
    Do you pay for it, or is it "free"?
    Actually I pay. It's semi-legit - insofar as I have an actual account/subscription with M-Net but they aren't aware that I just happen to be living in Thailand, not Zimbabwe as I told them

    I understand you can get virtually the same thing for "free" but it's not quite as reliable?

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    Well, True did something right.... ???? I got my magazine yesterday, who knows how long it was in the post office.

    The interesting thing is that its NEXT month's issue. First time ever getting the mag early. I've been a UBC subscriber ever since moving to Thailand.

    As always though a MAJOR downside reared its ugly head upon opening the mag. If advertizers want any business from me they better rethink the policy of ONLY Thai in all the adverts and program descriptions. Flocking IJIOTS, I'd be willing to place a wager on the fact that a substantial portion of subscribers to UBC satellite services are NOT Thai.

    Oh, yeah there is a listing of the channel distribution on one of the early pages and a hard card on the back cover.

    Maybe they will sort it out but I won't bet on it...

    E. G.
    "If you can't stand the answer --
    Don't ask the question!"

  25. #25
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    I reallymiss the Sky + from Uk, that kicked ass. with 160 Gb DVR, awesome programme planner.....available 2YEARS AGO

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