2
TUESDAY, AUGUST 1, 1989
WILL BE CALCULATED ON GROSS
RECEIPTS FROM
BE
AT ONE
"THE ROYALTY ADVERTISING, SUBSCRIPTIONS, INSTALLATION AND OTHER CHARGES AND WILL CALCULATED IN RELATION TO EACH $500 MILLION SLICE OF REVENUE,
THE SECOND, PER CENT FOR THE FIRST $500 MILLION, THREE PER CENT FOR SIX PER CENT FOR THE THIRD, NINE PER CENT FOR THE FOURTII, 12 PER
FOR
REVENUE ANY
IN
OF EXCESS FOR THE FIFTH AND 15 PER CENT BILLION.
CENT $2.5
THAT THE TOTAL SUM
"BUT THERE WILL BE AN OVERALL CEILING SO PAYABLE WILL NEVER EXCEED 10 PER CENT OF GROSS RECEIPTS.
TELEVISION
PUBLIC ROYALTIES,
"OVER THE 15-YEAR LICENCE PERIOD, WE CALCULATE THAT THE WILL RECEIVE $3 BILLION IN REVENUE FROM CABLE HE SAID.
SECRETARY FOR SPEAKING ON THE TELECOMMUNICATIONS ASPECTS, THE
HKCC WAS COMMITTED TO ECONOMIC SERVICES, MRS ANSON CHAN, SAID THAT
WOULD INSTALLING A STAND ALONE LOCAL TELECOMMUNICATIONS NETWORK WHICH
AND OPERATED BY HONG KONG COMPETE WITH THE EXISTING NETWORK OWNED TELECOMMUNICATIONS IN PROVIDING NON-FRANCHISED SERVICES.
"WITH
NETWORK THIS
INNOVATIVE DATA AND FACSIMILE
HKCC
A
OF
COMMUNITY. RESIDENTIAL
WILL PROVIDE
FULL RANGE SERVICES TO THE BUSINESS HKCC WILL ALSO CONDUCT TRIALS OF INTERACTIVE SERVICES FOR CUSTOMERS, SUCH AS HOME-BASED SHOPPING AND BANKING.
"THE PROVISION OF A SECOND NETWORK HAVE A WIDER CHOICE OF SERVICES AT KONG TO MAINTAIN ITS FINANCIAL CENTRE."
WILL ENABLE
ΤΟ CUSTOMERS LOWER COSTS, THUS HELPING HONG EDGE COMPETITIVE
AS A
AND BUSINESS LEADING
ON
TECHNICAL HKCC'S
PARTNERS,
CHAN MRS
SAID THEY
WERE
EXTREMELY WELL QUALIFIED.
EUROPE,
"CODITEL IS A MAJOR CABLE TELEVISION OPERATOR IN CABLE TELEVISION AND TELECOMMUNICATIONS INTERESTS IN THE U. S.
WITH
COMPANIES, AND "U.S. WEST IS ONE OF THE BELL REGIONAL HOLDING
SERVICE AND USE OF ADVANCE HAS A HIGH REPUTATION FOR ITS CUSTOMER TECHNOLOGY,
IS PARTICULARLY
COMPANIES
SHOULD
GRATIFYING
BE
PROJECT. WE
THAT THESE SUCH COMMITTING
WELCOME
"IT INTERNATIONAL INVESTMENTS IN WHAT IS A LONG TERM
DEMONSTRATION OF BOTH LOCAL AND OVERSEAS CONFIDENCE IN THE
TWO MAJOR
SUBSTANTIAL
THIS CLEAR FUTURE OF
HONG KONG," SHE SAID.
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