Wednesday, July 30, 2014   

HKTV suspends productions
(03-11 16:54)

Hong Kong Television Network Limited (1137) announced that it decided to suspend the filming of new television program, after it received unfavorable reply from the authority.
The mobile television operator, which aims to start airing TV programs through mobile, received reply from the Office of the Communications Authority on the standard of mobile TV services, said the firm controlled by Ricky Wong Wai-kay in a statement filed to the stock exchange.
"OFCA is of the view that the Company's proposed transmissions
standard would render its mobile television service immediately available for reception by an audience of more than 5,000 specified premises in Hong Kong, thereby requiring the Company to obtain a domestic free television program service license and/or a domestic pay television program service license before the commencement of its mobile television operations,'' HKTV said.
Therefore, it expects that "the originally scheduled launch date of its OTT and mobile television services around 1 July 2014 will be postponed."
Trading of shares of HKTV will resume tomorrow, after suspended since this morning.
   
Other Business breaking news:
Hang Seng up at lunch (18 mins ago)
SKorea industrial output grows (1 hr 5 mins ago)
Japan factory output drops most since tsunami disaster (1 hr 21 mins ago)
Toyota stays at top in sales after first half (1 hr 24 mins ago)
Twitter results soar in second quarter (1 hr 26 mins ago)
Nikkei up at mid-day (1 hr 28 mins ago)
Nikkei opens flat (2 hrs 37 mins ago)
Hong Kong stocks up at open (2 hrs 39 mins ago)
IMF approves new credit line for Morocco (07-29 18:48)
Luxembourg puts key BES bank shareholders in administration (07-29 18:47)

More breaking news >>

© 2014 The Standard, The Standard Newspapers Publishing Ltd.
Contact Us | About Us | Newsfeeds | Subscriptions | Print Ad. | Online Ad. | Street Pts

 


Home | Top News | Local | Business | China | ViewPoint | CityTalk | World | Sports | People | Central Station | Spree | Features

The Standard

Trademark and Copyright Notice: Copyright 2014, The Standard Newspaper Publishing Ltd., and its related entities. All rights reserved.  Use in whole or part of this site's content is prohibited.   Use of this Web site assumes acceptance of the
Terms of Use, Privacy Policy Statement and Copyright Policy.  Please also read our Ethics Statement.