TNAG-1779-FCO40-2539-Hong-Kong-international-telecommunications-1988 — Page 86

EXECUTIVE SUMMARY

1.

TELECOMMUNICATIONS DEVELOPMENT IN HONG KONG

Table of Contents

INTRODUCTION, BACKGROUND AND METHODOLOGY

1.1

1.2

Introduction and objectives

The arguments for and against a second network operator

1.2.1 The arguments against a second network 1.2.2 The arguments for a second network 1.2.3 International comparisons

Methodology

Page

1

1

2

567

1.3

8

1.3.1

Methodology: basic approach to quantification of costs and benefits

9

1.3.2 Detail on cost analysis

11

1.3.3

1.3.4

:

1.3.5

Detail on assessment of user benefits Assessment of true economic benefits Benefits and costs associated with vertical integration of the cable television business

14

16

19

1.3.6

Data collection

21

2.

ASSESSMENT OF TELECOMMUNICATIONS DEVELOPMENT AND SERVICE PROVISION IN HONG KONG

23

2.1

Regulatory and policy environment

2.1.1

Overview

23

23

24

2.1.2

Regulatory institutions

2.2 Network infrastructure for franchised services

2.2.1 Local environment

2.2.2

Local network expansion

2.2.3

Private local leased lines

2.2.4 Datel and Faxlines

2.2.5

Modernization of the local network

International network

2.3

2.3.1

Network and equipment

2.3.2

2.3.3

International telephony International leased lines

2.3.4

Telex and facsimile

24

2 22 2 2 2 3 3 3 ≈ 1600

24

27

33

33

33

34

34

36

40

40