ML: i-Cable To See Good User Growth

Merrill Lynch believes i-Cable (1097) subscriber number, now around 550000, may grow to 601000 by June-02 as the World Cup Finals kicks off, especially with China qualifying; adds greater demand for news after September 11 should also boost subscriptions for i-Cable, which carries CNN and has own 24-hour news channels. Despite i-Cable's "good value", ML retains i-Cable as accumulate, but may become more aggressive when TVB's (0511) troubled pay-TV plan becomes

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