EXHIBIT 5.7 ESTIMATED USER BENEFITS ARISING FROM A SECOND TELECOMMUNICATIONS
NETWORK PROVIDING ALL LOCAL AND INTERNATIONAL SERVICES (SCENARIO 5)
Net Present Value (in 1988) of revenues and benefits to the year 2007, incremental over Scenario 4; local voice and all international services commencing in 1995
HK$ million
Other
6,844
Data and VAS
11,331
International
telex and
10,761
leased lines
HK$ million
HK$ million
10%
2,899
International
voice
(overseas
28,992
100%
28,992
15%
4,349
portion)
International
voice (local
13,897
portion)
Business
lines
(including
10,803
leased)
Residential
8,947
lines
Telecommunications
revenues
% affected by competition
Total revenue affected by competition
% price reduction
(illustrative)
-
- 116 -
Total user benefits
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