Forever Top (Asia) Limited is a company based in Hong Kong founded by, the current head of Far East Consortium. The company initially applied for a free-to-air television broadcast license under the name of New Asia Network (NAN;). The company later withdrew the application, and acquired I-Cable Communications.
David Chiu is a son of Deacon Chiu Te-ken, the founder of Far East Consortium. Deacon Chiu bought Rediffusion Television (RTV) in 1982 and renamed it Asia Television (ATV) before he sold the broadcaster in 1989. Forever Top's free-to-air television bid, New Asia Network, was named in memory of ATV.
In 2015, Forever Top applied for a free-to-air television broadcast license under the name of New Asia Network. One of the company's goals was to acquire the assets of ATV, whose license would be revoked after 1 April 2016.
| Channel name[1] [2] | Channel content | Transmission | Picture format | Proposed launch date |
|---|---|---|---|---|
| New Asia Network | Chinese channel targeting a general audience | Terrestrial | HDTV | Within 6 months after licence approval, if station manages to take over assets owned by Asia Television, or within 9 months after licence approval, by hiring another studio |
| New Asia International | English channel targeting the non-Chinese speaking audience | SDTV | ||
| New Asia Sports | Sports channel, to be broadcast in Chinese | Within another 3 months after New Asia Network and New Asia International's start of broadcasting |
Forever Top later withdrew the application and in 2017, the company acquired I-Cable Communications, the parent company of Hong Kong Cable Television and Fantastic Television.