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5. OUR INITIAL REACTION IS THAT THIS REQUEST FOR A COMMITMENT

BY US NOW ON THE FUTURE OF THE TELCO AND CWHK FRANCHISES SHOULD NOT BE ENTERTAINED. WE CANNOT, IN THE LIGHT OF RAPIDLY DEVELOPING TECHNOLOGY PREDICT WHAT THE APPROPRIATE ARRANGEMENTS FOR HONG

KONG'S TELECOMMUNICATIONS FACILITIES MIGHT BE IN 1995 AND 2006.

IN ANY CASE WE THINK THAT THE EXISTING COMPETITIVE TELECOMMUNICATIONS

SECTOR SHOULD PROVIDE MORE THAN SUFFICIENT INCENTIVE FOR THE

ESTABLISHMENT OF A SECOND NETWORK.

5. PEMBERTON (CW PLC), NOT SURPRISINGLY, ARGUED VERY STRONGLY THAT

COMPETITION IN TELECOMMUNICATIONS IN HONG KONG'S CIRCUMSTANCES

IS NOT APPROPRIATE. HONG KONG IS TOO SMALL FOR TWO NETWORKS AND

THERE MIGHT BE TARIFF REBALANCING PROBLEMS WHICH WOULD ADVERSELY

AFFECT DOMESTIC CONSUMERS. MOREVOER FRANCHISE INFRINGEMENT WAS

UNAVOIDABEL. HE TOOK STRONG OBJECTION TO BT'S CLAIM THAT TELCO/

CWHK IS NOT PROVIDING AS GOOD A SERVICE TO THE BUSINESS CONSUMER

AS THEY SHOULD. CWPLC WERE CONSIDERABLY IRRITATED WITH BT'S

EFFORTS TO DISLODGE THEM NOT ONLY IN HONG KONG BUT IN A NUMBER OF

OTHER PLACES AROUND THE WORLD.

7. THE REQUEST FROM BT FOR COMMITMENTS ON THE FUTURE OF THE TELCO

AND CWHK FRANCHISES IS ONE ELEMENT IN A GENERAL HARDENING OF BT'S

POSITION WITH RESPECT TO THE RESTRICTIONS THAT IT WOULD BE PREPARED

TO ACCEPT ON THE USE OF A SECOND NETWORK. THIS TOGETHER WITH THE

STRONG OPPOSITION BY CWPLC TO ANY EROSION OF THEIR MONOPOLY POSITION BY BT IS CAUSING US TO BE LESS CONFIDENT ABOUT OUR CASE

FOR THE PROPOSED RECOMMENDATION TO EXCO OUTLINED IN

PARAGRAPH 3 ABOVE. AN INCREASING VOLUME OF CONFLICTING EVIDENCE

IN ALL THE BASIC AREAS FOR CONSIDERATION - THE BENEFITS OF

INCREASED COMPETITION, DEMAND FOR A SECOND NETWORK, THE IMPACT ON TARIFFS, PROTECTING THE TELCO TRANCHISE AND PUBLIC DISRUPTION IS STRETCHING GOVERNMENT'S INTERNAL RESOURCES OF EXPERTISE TO THE

LIMIT. WE ARE NOW INCLINED TO THE VIEW THAT WE NEED OUTSIDE

ASSISTANCE IN THE FORM OF CONSULTANTS TO HELP US TACKLE THE

WHOLE ISSUE. IN THIS CONNECTION WE HAVE RECENTLY BEEN APPROACHED

BY IAN ELLISON OF ROBERT FLEMING CO LTD WHO WE UNDERSTAND WAS

UNTIL 1985 THE ASSISTANT SECRETARY AT DTI RESPONSIBLE FOR THE

DEREGULATION OF THE UK TELECOMMUNICATIONS INDUSTRY.

9. AS REGARDS REFERENCE TO EXCO WE ARE CONTINUING TO REFINE OUR

SUBMISSION. IN PARTICULAR WE HAVE ASKED TELCO/CWPLC TO LET US HAVE

DETAILED ARGUMENTS PROVING WHY COMPETITION WOULD BE POSITIVELY

DISADVANTAGEOUS TO HONG KONG. IT NOW SEEMS LIKELY THAT THE EXCO

PAPER WILL OUTLINE THE ISSUES, HIGHLIGHTING THOSE QUESTIONS WHICH

WE CANNOT YET ANSWER AND RECOMMEND THE APPOINTMENT OF CONSULTANTS

RATHER THAN MAKE ANY SPECIFIC RECOMMENDATION REGARDING THE

IMMEDIATE ESTABLISHMENT OF A SECOND NETWORK OR THE FUTURE OF THE

TWO FRANCHISES. ONE RESULT OF THIS OF COURSE IS THAT THE CALLING

OF TENDERS FOR CABLE TELEVISION WILL HAVE TO BE DEFERRED UNTIL WE

HAVE RESOLVED THE BASIC TELECOMMUNICATIONS POLICY ISSUE.

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