To: pat mudge who wrote (28348 ) 11/5/1997 2:35:00 PM From: Chemsync Respond to of 31386
[HKT] The official Press Release from HKT's homepage <<iTV will bring additional value and convenience to our lives and allow all of us to enhance our lifestyle.">> :-)) 5 November 1997 Hongkong Telecom welcomes Government decision to grant VOD licence Hongkong Telecom today (Wednesday 5 November 1997) welcomed the decision by the Hong Kong Special Administrative Region Government to grant the company a licence which will enable it to deliver interactive multimedia services. Commenting on the Government's decision to grant a Video-on-Demand (VOD) Programme Services licence to Hong Kong Telecom VOD Ltd., Hongkong Telecom Chief Executive Linus Cheung said: "The licence to provide VOD services will make Hong Kong the world's first major city where interactive services of this type are commercially available, affirming Hong Kong's status as a leader in the information world of tomorrow. "The people of Hong Kong will soon see and experience for themselves the benefits of interactive multimedia services made possible by a new, advanced broadband network. We are confident they will quickly take to these services. The launch of Hongkong Telecom's Interactive Television (iTV) services will bring Hong Kong customers a big step closer to the Information Age of the future. Together with other Cable & Wireless companies - especially those in the UK and Australia - Hongkong Telecom will set the world standard for new developments in integrated communications." Hongkong Telecom, through its IMS subsidiary, has already invested around HK$ 1 billion in the development of these world-leading services over the last 3 years. The initial offering will comprise video on demand, as well as music on demand and home shopping. Customers will pay an initial installation fee and a monthly rental fee which includes the set-top box. Over 100 hours of programmes, including 60-80 films, will be available on a pay-per-view basis at very competitive rates. Music on demand, including karaoke and music videos, will be available at attractive prices, while access to home shopping, which already includes offerings from supermarkets and children's bookstores, will be free. Dr William Lo, Managing Director of Hongkong Telecom IMS, said: "We plan to extend the range of services to include network games, home banking, and broadband internet early next year. "Interactive Television allows customers to view programmes whenever they want, with no predetermined schedule. iTV will bring additional value and convenience to our lives and allow all of us to enhance our lifestyle." ITV services will be rolled out initially to large private housing estates and densely populated areas such as Shatin City One, Lei King Wan and Heng Fa Chuen. Ultimately, the service will be available throughout the territory of Hong Kong. The broadband network has the capacity and capability to carry a wide range of further services. Hongkong Telecom is planning to achieve a customer base of 300,000 by the turn of the century, with considerable further growth beyond that date. - ENDS- Note to Editors: Hongkong Telecom, a Cable & Wireless company, is Hong Kong's only full-service telecommunications provider, marketing a comprehensive portfolio of quality voice and data telecommunication services backed by a state-of-the-art, fully-digital fibre optic network. Services include basic telephony, mobile telephony, international calls, specialized fax and data products, value-added services, interactive multimedia and TV, satellite links as well as telecommunications equipment and systems. Apart from owning and operating Asia's largest commercial teleport, Hongkong Telecom is a pioneer in a wide range of telecommunications solutions, such as launching the world's first geographic number portability service, a fully digitized urban network and the world's first fibre optic cable and direct high-speed Internet access gateway to China. Cable & Wireless is one of the world's leading providers of international telecommunications services. Its businesses provide 15 million customers in 70 countries with a complete range of international, domestic and mobile communications. Cable & Wireless is the world's fourth largest carrier of international traffic, provides mobile communications in more than 30 countries and operates the world's largest, most advanced cableship fleet. News Contact : Anna Ngai Group Manager, Corporate Communications Hongkong Telecom Tel : 2888 1479 Fax : 2962 5133 E-mail : anna.ngai@hkt.com Michelle Li Manager, Media Communications Hongkong Telecom IMS Tel : 2888 3098 Fax : 2962 5232 E-mail : mspli@netvigator.com ÿ Email us at info@hkt.net Call our One-Stop-Shop Hotline 1000 ÿ