Ricky Wong, the Hong Kong businessman whose Hong Kong Television Network, was surprisingly denied a free-to-air TV license in October says he will launch five new channels via the internet.
The Hong Kong government on Monday attempted to explain its controversial recent decision to only grant two new TV licenses - and to reject the bid from Ricky Wong's Hong Kong Television Network.
New free-TV licenses were awarded to Hong Kong's two pay-TV platform operators. But the company which has been doing the most to break into the sector was denied a permit.
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