Ownership
Hong Kong Cable Television Limited is owned as a subsidiary group of The Wharf (Holdings) Limited, which holds 73.3% of HKCTV's shares. The rest of its ownership lies with public shareholders. It became a public listed company in the Hong Kong Stock Exchange since 1999.
Specifically, HKCTV is operated by i-CABLE Communications Limited (I-Cable), one of the non-media conglomerates in Hong Kong. The conglomerate manages the first pay-TV service as well as a well-established broadband Internet access service provider with its Internet Protocol network. I-Cable is now the only integrated communications company in Hong Kong. It owns and runs the second largest two-way broadband network which produces its own media programmes, together with online news and other Internet services.
Read more about this topic: Cable TV Hong Kong
Famous quotes containing the word ownership:
“They had their fortunes to make, everything to gain and nothing to lose. They were schooled in and anxious for debates; forcible in argument; reckless and brilliant. For them it was but a short and natural step from swaying juries in courtroom battles over the ownership of land to swaying constituents in contests for office. For the lawyer, oratory was the escalator that could lift a political candidate to higher ground.”
—Federal Writers’ Project Of The Wor, U.S. public relief program (1935-1943)