Hong Kong – Tension has been building up in Hong Kong as telcos apply for FTA (free-to-air) licenses, resulting in the possibility of more free-to-air channels that may arise. TVB has warned its emerging rivals that the television business was not as profitable as it might appear since advertising income had not grown in the past 15 years. Despite TVB’s warning, City Telecom (Hong Kong) Limited, Fantastic Television Limited (a subsidiary of i-Cable) and Hong Kong Television … [Read more...] about FTA licensing in Hong Kong causes tension among broadcasters, the government