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2.4

Growth and development of non franchised products and services

40

2.4.1

2.4.2

Transition to competition within Hong Kong Telephone handsets

40

42

2.4.3

Key systems, PBXS and PABXS

43

2.4.4

Data, value added and mobile services

43

2.5

Tariffs

52

2.6

Performance

57

2.7

Future constraints and opportunities

60

2.8 Forces of change

61

3.

FUTURE SCENARIOS FOR TELECOMMUNICATIONS AND CABLE TELEVISION

64

3.1 Future scenarios

64

3.2

Scenario 1: A single network carrier for all telecommunications services and cable television

66

3.2.1

Definition of scenario 1

66

3.2.2

3.2.3

Revenues from cable television services Homes in the service area

67

67

3.2.4

Build rates

67

3.2.5

Programming

67

3.2.6

Programming costs

68

3.2.7 Consumers' willingness to pay

70

3.2.8

Connection rates

72

3.2.9

Financial viability

75

3.3

Scenario 2: Two networks, one for cable and one for telecommunications

76

3.3.1

Definition of scenario 2

3.3.2

Incremental Revenues

225

76

76

3.4

Scenario 3: Two networks, one for cable and non franchised services and the other for

76

telecommunications

3.4.1 3.4.2

Definition of scenario 3

Incremental revenues

76

76

3.5

Scenario 4: Two networks with a second and separate network for cable and all local telecommunications

78

3.5.1

Definition of scenario 4

78

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