Consistent with its status as one of the leading telecommunications economies in the world, Hong Kong has built world-class telecom infrastructure and has developed one of the most dynamic telecommunications markets in the world.
The small size and high population density has meant the country is extensively wired with optical fibre which now represents the majority of fixed broadband connections. International internet connectivity in the form of strategically important submarine cables continues to grow, driven by Hong Kong's status as an international financial hub and its location next to China.
This report provides a concise overview of the Hong Kong telecoms market including fixed telecoms infrastructure, major players and policies that regulatory environment that helped shaped Hong Kong's telecoms market.
Hong Kong has implemented a strategy to facilitate the development of data centres; Hong Kong continues to expand international connectivity through new submarine cables; The Hong Kong fixed-line market was remaining flat' with some 3.3 million subscribers, representing a 44% penetration; OFCA granted Superloop, a dark fibre provider, a unified carrier licence for the Hong Kong market.
Companies mentioned in this report include:
PCCW; HKT; CSL; Hong Kong Broadband Network (HKBN); Hutchison Telecom Hong Kong, i-Cable.