China Mobile to investigate HKTV deal

Following a recent deal that was struck between the two companies, the parent of China Mobile is probing to see if any rules had been broken.

Assets Supervision and Administration Commission broadband TV China Mobile Communications Corporation HKTV

According to The Standard, it reports that China Mobile Communications Corporation will launch an internal investigation on the internet deal that was recently completed with HKTV. The parent of China Mobile is investigating whether any rules had been broken for the deal. 

The investigation will focus on whether HKTV has gone against any regulation of the State-owned Assets Supervision and Administration Commission, and any internal management rules.

The report mentions that a deal had already been completed with the mobile company and HKTV is looking to start creating content on the platform. The deal which is worth HK $142.2 million will allow HKTV to operate broadband TV channels using mobile network from July 2014 to August 2025. The broadcast service is also scheduled to air across the majority of Hong Kong. 

In addition, HKTV plans to rehire some of its 300 staff who were previously fired after its licence rejection. 

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