"The company has cut the monthly charge for its three-month-old exTV service from $168 to $128. Customers would need to sign up for 12 months to take advantage of the lower price," GSB's pay TV channel exTV chief operating officer Jackey Chan Sek-nin is quoted in media reports as saying.

Galaxy Satellite Broadcasting Limited (GSB) is a joint venture of Intelsat, a leading global communications provider, and Television Broadcasts Limited (TVB), Hong Kong's prominent premium content provider and broadcaster.

The company has been providing uplink / downlink and broadcasting services for channel providers and telecommunication companies in the Asia Pacific region since 2000.