now TV claims leadership position

Hong Kong - PCCW has reported solid gains in its media and interactive businesses, with subscribers to its now TV service up 16% in 2007.

PCCW said the number of subscribers to now TV were currently at 882,000, making it Hong Kong's largest pay-TV operator.

The company also reported a 70% jump in revenue in from its TV and content business, hitting HK$1.7 billion.

A PCCW statement said its quadruple-play interactive strategy was behind the strong result.

"Building on our quadruple-play operations, we have strengthened PCCW's leadership of a consumer market that was ready to embrace new ways of enhancing everyday Hong Kong life via technology," Alex Arena, group managing director, said

"An outcome of this strategy was that our mobile, TV and broadband businesses proved to be growth drivers for PCCW in 2007."