M (91) 33
CONFIDENTIAL
460
(a)
General
Although
Telco and HKTI
service,
are providing a good
additional competition should be
(b)
introduced to
ensure that this
situation
continues; that tariffs
are kept as low as possible; and
that
Such
new services are offered.
should
be
competition
introduced in a manner equitable to
Telco and HKTI particularly in
relation to costs. A system should
be devised in which tariffs are
determined according to a formula
which makes reference to the Retail
Price Index.
International
Services
There was
no wish on the part of Government
to
terminate the existing franchise
before
its scheduled expiry in
2006.
Pressure
for early
termination could be more firmly
resisted if tariffs are reduced and
brought into line with actual
costs.
(c) Local Voice
Service There should
-
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