History and Establishment
Launched in March 1998, PCCW's services included a wide range of information and entertainment, such as news, video-on-demand (VOD), music videos, home-shopping, home-banking and educational content. iTV had some 67,000 subscribers at the end of 2000.
Due to the liberalization of the pay-TV market by the HKSAR government in early July 2000, the then existing duopolists, iTV and i-Cable, were confronted with ferocious competition. With fewer subscribers and hence the decline in the revenue generated from iTV, the interactive television operation was terminated in the final quarter of 2002. Now Broadband pay-TV service was officially launched in September 2003 with 23 channels under the same umbrella company PCCW; iTV is thus commonly viewed as the predecessor of Now TV.
In December 2005, Now TV introduced a technology with connection speed up to 18 megabits per second (Mbit/s). At least 75% of the service area will be offered a service running up to 8Mbit/s. In addition, Video-On-Demand services were launched in January 2006.
Now TV subscribers currently have access to 136 channels.
Read more about this topic: Now TV
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