Hong Kong Technology Venture Company Limited 香港科技探索有限公司

Ken Yiu Ka Lun, ex-HKTV (1137) jailed for 2.5 months, fined HK$165k for insider dealing
SFC, 7-Nov-2019
Ken Yiu Ka Lun, ex-HKTV (1137) pleads guilty to insider dealing
SFC, 5-Nov-2019
SFC commences insider dealing prosecution of Ken Yiu Ka Lun, ex-HKTV (1137)
SFC, 24-Oct-2019
HKTVN (1137) v Chief Executive in Council
HK Court of Appeal, 6-Apr-2016
The Court of Appeal overturns the First Instance ruling and holds that "no artificial limits" on the number of TV licences does not preclude the CE from adopting a limit in a "gradual and orderly" approach to avoid "over-competition, vicious competition or industry fallout". In our view, the court is wrong. When a Government decides a limit, that's artificial. When the market finds a limit through competition, and when some players succeed and others fail, that's natural. Whatever next - a limit on the number of newspapers to prevent "over-competition"? Ironically, ATV failed anyway, despite Government efforts to protect it from "industry fallout".
HKTV (1137) v OFCA
HK Court of First Instance, 29-Sep-2015
Note: the judgment confuses two companies. HKMTV is the new name of "China Mobile Hong Kong Corporation Limited" which was acquired by HKTV in Dec-2013 from China Mobile Hong Kong Company Limited. There was no assignment of the license, just a renaming of the company.
HK Television Network Ltd v The Chief Executive in Council
HK Court of First Instance, 24-Apr-2015
A victory for common sense and free market competition. HKTV successfully challenges the Government's decision to reject its TV license application; the court holds that the "gradual and orderly approach" adopted by the CE contradicted the stated policy of having no cap on the number of licensees, and HKTV had a legitimate expectation that this policy would be followed. There is one error in para 25: A new CE was not elected in July 2012. That is when he took office.
OFCA's statement on proposed television service by HKMTV
HK Government, 11-Mar-2014
Government trys to explain decision on free TV licences
HK Government, 5-Nov-2013
ExCo Secretariat statement on free TV
HK Government, 5-Nov-2013
It is unclear whom the Secretariat actually is, or speaks for - did ExCo authorise this statement? The Secretariat "disagrees" to the disclosure of the Cosultant's reports (plural) on the "competition implications of new entrants the local free TV market". So there is no specific agreement or undertaking preventing HKTV from publishing them. They should go ahead and do so. The Secretariat regards this as "partial and selective", so it should disclose the rest. Besides, competition implications should have been irrelevant to a decision - viability is for the free market to decide.
Webb on "Backchat" re free TV and mobile phone spectrum
RTHK, 16-Oct-2013
SCED's opening remarks on new free TV licences
HK Government, 15-Oct-2013
Chief Executive in Council approves in principle two applications for free TV licences
HK Government, 15-Oct-2013
LegCo Question: why are those TV licenses taking so long?
HK Government, 7-Nov-2012
"The CE in Council is now processing the recommendations in a prudent manner. The outcome will be announced as soon as possible after a decision is made by the CE in Council."
Cashing up at Next Media
If Next Media (0282) completes the sale of its Taiwan units, it will have a profitable HK business and net cash of about HK$4.4bn with no use for it. Rather than drag shareholders into a new business as City Telecom (1137) has done, we expect Next to do the right thing and distribute the proceeds in a special dividend. The potential payout is $1.79 per share, and majority shareholder Jimmy Lai will get 74% of that to use as he pleases. (26-Oct-2012)
Legco Question: why are those TV licences taking so long?
HK Government, 17-Oct-2012
"The Administration is now processing the applications in a prudent manner and will announce the outcome as soon as possible after a decision is made by the CE in Council."
TV licensing in HK: what a mess
HK Government, 11-Jan-2012
Unlike cellphone networks, TV stations don't have to bid for their radio spectrum, and can squat on it with only cursory reviews. The Chief Executive of HK decides who should be allowed to broadcast. Let the market decide instead.
LegCo question on City Telecom's unapproved poles
HK Government, 5-May-2010

Sign up for our free newsletter

Recommend Webb-site to a friend

Copyright & disclaimer, Privacy policy

Back to top