Monday, February 06, 2006

HDTV one step closer in Hong Kong

In Hong Kong, terrestrial TV broadcasters, ATV and TVB (0511.HK) expect to be on-air with 14 hours daily of HDTV by end of 2007, have now applied to the Hong Kong Government for sites to build 6 main and 20 relay transmitter sites for their planned services.

TVB is expecting to spend at least HK$400M to begin HDTV service, bringing its total investment in the project to around HK$1 billion since 2003. Both stations will annoiuce detailed plans by mid-2006.

Hong Kong as part of the PRC awaits the final decision from Beijing on the choice of the mainland's expected hybrid DVB system for terrestrial services to be in place for the Beijing 2008 Summer Olympics.

HK$7.75 to 1US$

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