Fantastic Television Limited ("Fantastic TV") today (22 April 2015) confirms that it has applied to the Communications Authority ("CA") for the right to use the radio spectrum currently assigned to Asia Television Limited ("ATV") which will be released upon expiry of ATV's Licence.
Our application has been submitted in response to the specific invitation to Fantastic TV made by the CA's Chairman, Mr Ambrose Ho in the LegCo's Panel Meeting on Information Technology and Broadcasting on 13 April 2015.
Following the expiry of ATV's licence, the vast majority of the viewing public will be completely deprived of any choice in domestic free TV. Competition for the dominant service provider will be immensely weakened, which will be harmful to the industry including the creative and advertising communities.
The radio spectrum will supplement and accelerate transmission of Fantastic TV's proposed TV services.