PCCW discovers a highly receptive audience for IPTV

From Time Asia: Unplugging the Cable - Hong Kong's PCCW discovers a highly receptive audience for pay TV delivered over phone lines

"Called NOW Broadband TV, the service has made surprisingly rapid inroads, reaching more than 420,000 households—35% of the Hong Kong pay-TV market—in its first year of operation. It took I Cable, Hong Kong's sole cable-TV provider, five years to reach that milestone after launching in 1993."

"PCCW has been signing up about 70% of all new pay-TV subscribers in Hong Kong; it will be the city's top provider of pay TV by 2009, according to a recent Goldman Sachs report." Read more