Condition in
the Hutchvision Licence
(D)
Financing of
the Operation
(1)
Licensee
Reasons for
inclusion in the Hutchvision Licence
- 8 -
Proposed approach in the revamped regime
Justification for
the proposed approach
(i)
Hutchvision
service expected
to serve the
region, not principally HK
audience.
condition to be
retained (during
Wharf Cable's
exclusivity period
only)
to protect the initial viability of Wharf Cable during its exclusivity period
should not
collect
subscription
in HK during
the then
HKCC's
exclusivity
period.
(ii) to protect the
right of the then
HKCC during its
exclusivity
period