The domestic free and domestic pay television licensees
made substantial investments. TVB invested HK$2.2 billion in the
construction of its new and fully digitized TVB City in Tseung Kwan
O Industrial Estate. Its capital expenditure in Hong Kong in 2003
amounted to HK$523 million. A total amount of HK$520 million would
be invested by TVB over four years from 2003 to 2006 in Galaxy10.
As regards the domestic pay television programme service market, i-Cable Communications Limited, the parent company of HKCTV, reported in its 2003 Annual Report that the capital expenditure of the group for the year amounted to HK$437 million with major items including investment on digital set-top boxes, cable modems and related equipment, and further network upgrade and expansion expenditure.
No public information is available for other domestic television licensees
and the sound broadcasting licensees.
10Source : TVB 2003 Annual report.