M(88) 31
373
-
The Council reconsidered memorandum XCC (88)97.
The Council ADVISED and the Governor ORDERED :
(a) that the Government should
encourage competition in
the
provision of non-franchised
telecommunications services;
(b) that there should therefore
be
second a
network with
separate licences for the
provision of the network and
for the operation of cable
television services;
(c) that in order to diversify
network ownership the holding
of
Hong
Kong
Telecommunications
and its
subsidiaries in the second
network should be limited to
15%;
(d)
that international
tenders
should be invited for the
provision of both the
cable
television
network and for
CONFIDENTIAL