5.4

Economies of scale and integration: summary

5.5

5.6

Estimated user benefits arising from a second telecommunications network providing non franchised services (scenario 3)

Estimated user benefits arising from a second telecommunications network providing all local services (scenario 4)

5.7 Estimated user benefits arising from a second telecommunications network

providing all local and international services (scenario 5)

5.8

5.9

Benefits versus costs of telecommunications competition: summary

Benefits of telecommunications competition: sensitivity to different dates of service commencement

5.10 The economics of cable TV in Hong Kong: summary

5.11 Costs and revenues attributable to local and international service

5.12 Economies of scale in international telecommunications network

APPENDIX A

Exhibit A-1 Duct Unit Costs

Exhibit A-2

Supertrunk Unit Costs.

Exhibit A-3

Construction Costs for Scenario 1

Exhibit A-4

Exhibit A-5

Exhibit A-6

Construction Costs for Scenario 2

Capital and Operating Costs for Scenario 4

Capital and Operating Costs for Scenario 5

Exhibit A-7 BAH's Financial Analysis of Cable Television

Exhibit A-8 Total Telecommunication Revenues, Scenario 1

Exhibit A-9 Total Telecommunication Revenues, Scenario 2

Exhibit A-10 Telecommunication Demand, Scenario 4

Exhibit A-11

Total Telecommunications Revenues, Scenario 4

Exhibit A-12 Telecommunications Demand, Scenario 5

Exhibit A-13 Total Telecommunications Revenue, Scenario 5

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