Sunday, October 26, 2014   

HKTV admits TVB pulled plug on transmission leases
(01-08 12:42)

Hong Kong Television Network confirmed media report that it received
a termination notice from TVB on two leases of six transmitting stations and added that it will “begin to negotiate new leases with TVB for the sharing of the sites and facilities at the transmitting stations.’’
HKTV said in a statement to the stock exchange today, it may request the assistance of the telecom regulator, the Office of the Communications Authority.
“Under section 36AA of the Telecommunications Ordinance (Cap.
106 of the Laws of Hong Kong), OFCA may direct a licensee to coordinate and cooperate with another licensee in the public interest to share the use of a facility,’’ HKTV said.
The company has technical solutions to ensure sufficient coverage for its new mobile television services, HKTV said.


   
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Hang Seng closes lower (10-24 16:22)
Pearson reports sliding sales (10-24 16:22)
European stocks fall at open (10-24 16:05)
BASF says won't meet 2015 targets (10-24 16:04)
ECB to unveil results of eurozone bank health check (10-24 16:04)
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More breaking news >>

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