Sino-I.com to spend US$51m, hire 800 for pay TV

By Bloomberg, CNET News.com
Monday, July 10, 2000 03:23 PM
HONG KONG--Sino-i.com Ltd will spend HK$400 million (US$51.3 million) to HK$500 million and hire 800 people to set up a Hong Kong pay TV service for which it won a license last week, the South China Morning Post reported.

Sino-i's pay service, Hong Kong Network Television Ltd, intends to provide 40 channels this year, increasing to 65 channels in the second year, according to the report, citing Sino-i.com chief operating officer John Shum Kin-fun.

While the broadcaster will use Hutchison Global Crossing Ltd's broadband fiber optic network for most of its distribution, it will use other networks if they're available, the paper said. Its agreement with the telecommunications company is not exclusive.

The government awarded five pay TV licenses on Tuesday to companies that promised to operate 149 channels. Apart from Sino-i, units of Television Broadcasts Ltd and News Corp's Satellite Television Asian Region Ltd won licenses.


WORTHWHILE?

0

0 votes
Blog

Talkback 0 comments

There are currently no comments for this post.


Tech Jobs Now!

Search for your ideal tech job:

Keep IMAP e-mail messages locally using OfflineIMAP

Open Source

Vincent Danen discusses the uses of OfflineIMAP for synchronizing local and remote IMAP mailboxes and providing a good method for backing up e-mail.


Read more »



Buying a projector? Try an LED TV instead

Blog thumbnail

If you're thinking of buying a new projector for your office meeting room, why not consider getting an LED TV instead. LED TVs are similar to LCD TVs except..... by Lee Lup Yuen

Read more »

Tags

  1. battery
  2. camera
  3. graphics
  4. hard drive
  5. hewlett - packard co.
  6. high tech computer corp.
  7. intel corp.
  8. keyboard
  9. microsoft windows
  10. microsoft windows mobile
  11. mobile
  12. network
  13. notebook
  14. performance
  15. screen
  16. server
  17. storage
  18. touchpad
  19. usb
  20. vat