The story
The company was founded as Wharf Cable Television (Chinese: 九倉有線電視), incorporated on 30 June 1993. Cable-based transmissions were officially inaugurated by the Governor of Hong Kong Chris Patten. It went on air with eight channels, including the world's first 24-hour Cantonese news channel.
Wharf Cable Television changed its name to Hong Kong Cable Television (Chinese: 香港有線電視) on 31 October 1998. It was listed on the Hong Kong Stock Exchange in 1999 under i-Cable Communications.
With the largest number of subscribers of subscription television companies in Hong Kong, HKCTV became one of the top five media groups in Hong Kong. According to the financial summary of i-CABLE Communications Limited in 2004, its sales revenue reaches HK$2,372 million with a profit of HK$296 million.
In February 2023, Cable TV announced to fold their pay-television licenses over to the Hong Kong government six years earlier than planned as they no longer compete with Now TV and TVB's MyTV SUPER, along with streaming giants Netflix and Disney+. The pay-TV services would stop operations on 1 June of the same year. Since then, the company would put their focus on three of their currently existed free-TV channels: Hong Kong International Business Channel, HOY TV and HOY Infotainment.
From Wikipedia’s article on Hong Kong Cable Television, shared under CC BY-SA 4.0.3
