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You will prepare and submit a term paper on The Hong Kong Telecom Industry. Your paper should be a minimum of 4000 words in length.
You will prepare and submit a term paper on The Hong Kong Telecom Industry. Your paper should be a minimum of 4000 words in length. With the accession to the WTO, this highly protected industry has been exposed to foreign competition. The changed competitive environment has influenced policies and decision-making in the telecommunications industry. The transition from a traditional regulatory framework is rather slow and controversial. At the same time, the impact of different regulatory frameworks in Hong Kong and China has made significant implications in the telecommunications deregulations. While the pace of telecommunications liberalization would vary across nations, generally intense rivalry between powerful groups influences the policies and regulations. Different institutional factors exert pressure on the regulator to take different regulatory stances when dealing with issues such as network interconnection. The telecommunications industry as a whole is subject to various internal and external influences.
The Hong Kong government considered telecommunications to be a vital industry and believed that competition would protect the interest and ensure the best services for the consumers. They wanted Hong Kong to be recognized as world-class telecommunications for doing business. The government also wanted to ensure that Hong Kong has high performance in telecommunications amongst the OECD economies. Competition would enable the residential consumers to have a wider choice of suppliers for the fixed-line phone. Having competition in the fixed-line itself ensures better broadband or internet services as internet connectivity is better through fixed line than through cable. Hence this was a mature initiative taken by the government.
After the Hong Kong government ended the exclusive franchise of the Hong Kong .
