Hong Kong cable TV in financial trouble Source: Wikimedia/Fungz Public Domain
The management of ailing i-Cable Communications is exploring every possible way to keep the broadcaster on air, independent non-executive director Herman Hu Shao-ming said, lamenting that the pay-television licence was not obtained easily.Hu made the remarks in Beijing on Sunday after i-Cable owner Wharf (Holdings) said that it could not find a buyer for the broadcaster. Funding for i-Cable, which reported a HK$313 million loss last year, would not be extended
The management of ailing i-Cable Communications is exploring every possible way to keep the broadcaster on air, independent non-executive director Herman Hu Shao-ming said, lamenting that the pay-television licence was not obtained easily.Hu made the remarks in Beijing on Sunday after i-Cable owner Wharf (Holdings) said that it could not find a buyer for the broadcaster. Funding for i-Cable, which reported a HK$313 million loss last year, would not be extended
