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Article: HBCO Granted National Television License
- Article from:
- PR Newswire
- Article date:
- November 18, 1997
CopyrightCOPYRIGHT 1997 PR Newswire Association LLC. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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NEW YORK, Nov. 18 /PRNewswire/ -- Hungarian Broadcasting Corp. (Nasdaq: HBCO) announced that it has been granted (through its wholly owned Hungarian subsidiary) a national television broadcasting license for its satellite operations. This license granted by ORTT, the national television regulatory authority, permits the Company to transmit its digital broadcasting signal without code. Accordingly, small cable television companies and direct-to-home customers can receive the satellite broadcast transmissions using an inexpensive, basic television box.
The Company's Chairman, Mr. Peter E. Klenner, stated that this elimination of signal coding could induce 150 ...