Cable TV looks to terminate pay TV broadcast

Hong Kong Cable Television (Cable Tv set) is seeking to terminate its spend Television set broadcast on 1 June, amidst intense competitiveness amongst global paid out written content companies and fork out Tv operators.

In accordance to the formal push release, Cable Tv has submitted an application for the surrender of the domestic spend television programme expert services licence (Shell out Television set licence) to the government and has been granted approval on 14 February. This is owing to the fast altering media landscape in Hong Kong and fierce competitors in just the business, in accordance to the launch.

Right after the surrender of the fork out Television licence, Cable TV’s guardian firm, i-Cable Communications alongside one another with its subsidiaries and consolidated structured entities will go on to deliver no cost TV programme solutions and other businesses as normal, such as broadband telecommunications providers, telephony companies, network development and cellular expert services. Cable TV’s talents and methods can be a lot more flexibly utilised and invested in the aforementioned business enterprise developments.

The broadcaster expects to terminate its spend Television broadcast from June and it will take care of the arrangement of present subscribers’ spend Tv services and connected matters as proper. Cable Television will start off to notify clients on the details of assistance termination and preparations by way of several channels this sort of as e-mail, firm web page, Fb, text messages, letters and regular monthly statements.

“Cable Tv will use its very best endeavour to guarantee customers can continue on to appreciate looking at the two fork out Television set and totally free Television set channels prior to the licence is surrendered. Just after the surrender of the Pay out Television set licence, Cable Television set will continue to consider actions to assure the reception of the current no cost Tv set channels by the public is unaffected,” the assertion examine.

In the meantime, prospects may pick to continue to keep the present Tv set set-top rated box and their accessories, when Cable Tv will present assistance and recommendations on their dealing with.

Cable Television will also set up collection details for consumers who would like to return the Television established-best bins and their equipment for recycling purposes. 

To display appreciation for its customers’ continual support, Cable Television set will make available 10 quality channels like entertainment, movies, young ones and documentary genres to all household pay back Tv consumers from 15 February to 31 May well.

Furthermore, i-Cable Communications will continue to devote in its electronic property to assist its free of charge Television business enterprise, according to an announcement on HKEX. The group recorded regular energetic users of 1.67 million and .187 million on its i-cable.com and hoy.television set sites in December 2022, representing yr-to-calendar year development of 203{38557cf0372cd7f85c91e7e33cff125558f1277b36a8edbab0100de866181896} and 80{38557cf0372cd7f85c91e7e33cff125558f1277b36a8edbab0100de866181896} respectively. With around a million followers on the group’s social platforms, the team intends to leverage creating viewing behavior and carry on to optimise material supply about the world wide web.

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