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Hong Kong Billionaire Said to Plan African Rival to Netflix
(Bloomberg) – PCCW Ltd., controlled by Hong Kong billionaire Richard Li, is planning a video-on-demand service for South Africa that would compete with Netflix Inc. and Naspers Ltd.’s ShowMax, according to two people familiar with the matter. PCCW’s HKT unit will unveil the entertainment service as early as next week, said one of the people, who asked not […]
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