Bulgarian company changes its mind about investing $10,000,000 to Azerbaijan due to absence of favorable conditions in the country.

The company management says this is because of the lack of prospects on the market of cable television and absence of favorable conditions in the country.

It should be noted that though Azerbaijan has licensed 12 cable televisions, only 3 of them are functioning. Cable televisions are used by 40,000 families in the country.

It should be noted that last year Cable Television declared readiness to invest EUR 6.4 mln ($10 mln) into the construction of the network of cable television in Azerbaijan.

/APA/