CONFIDENTIAL

HONG KONG'S TELECOMMUNICATIONS AND BROADCASTING POLICIES

Voice Telecommunications

1. The main exclusive telecommunications franchises are

held by the Hong Kong Telephone Company (HK Telco) and Hong Kong Telecom International (HKTI). The two companies are

both subsidiaries of Hong Kong Telecommunications Limited

(HK Telecom). Telco's franchise covers the local wired

voice telephone service and expires in 1995. HKTI's

franchise covers a wide range of international services,

including the international telephone service, and is not

due to expire until 2006.

2.

-

the

The Hong Kong Government have employed the Consultants

Booz Allen to consider the options. HKG have concluded on the basis of the Consultants' Report that Hong Kong's public interest clearly lies in joining the worldwide move to

liberalisation of all telecommunications services. The

Executive Council have recognised that public pressure to break HKTI's franchise before 2006 will be very strong

platform of the United Democrats of Hong Kong states that

they will press for this. However, the Executive Council

has also concluded that it would not be right in principle

to break unilaterally the franchise so long as the service

remained good (which is generally accepted to be the case)

and prices were reduced in line with actual costs.

Currently there is a considerable subsidy of Hong Kong's

local telephone network from the international network.

this could be reduced in stages.

3.

But

The Executive Council have therefore concluded that the

policy should initially be:

a) A reduction in international charges so that a fair part

of the benefits of cost reduction is passed onto the

RODAIH/1

TG

CONFIDENTIAL

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