Telecommunications industry in Hong Kong
Encyclopedia
Hong Kong
Hong Kong
Hong Kong is one of two Special Administrative Regions of the People's Republic of China , the other being Macau. A city-state situated on China's south coast and enclosed by the Pearl River Delta and South China Sea, it is renowned for its expansive skyline and deep natural harbour...

 has one of the most sophisticated and competitive telecommunications markets in the world. As a result, Hong Kong residents get good services in terms of capacity, speed and price. The Office of Telecommunications Authority (OFTA) is the legislative body responsible for regulating the telecommunications industry in Hong Kong. The OFTA has liberalized all telecom sectors and there are no foreign ownership restrictions.

In the local fixed-line market there is neither a pre-set limit on the number of licenses issued nor deadline for applications. , there are nine fixed-line licensees: PCCW-HKT, New World Telephone Limited, Wharf T & T Limited, Hutchison Global Crossing Limited, Hong Kong Broadband Network Limited, Eastar Technology Limited, CM Tel. (HK) Limited, TraxComm Limited and HKC Network Limited . Consequently, the telephone density is, with 56 lines per 100 people, among the highest in the world .

there are 197 licensed Internet Service Provider
Internet service provider
An Internet service provider is a company that provides access to the Internet. Access ISPs directly connect customers to the Internet using copper wires, wireless or fiber-optic connections. Hosting ISPs lease server space for smaller businesses and host other people servers...

s (ISP) in Hong Kong, providing dial-up or broadband services. Hong Kong is the second after South Korea
South Korea
The Republic of Korea , , is a sovereign state in East Asia, located on the southern portion of the Korean Peninsula. It is neighbored by the People's Republic of China to the west, Japan to the east, North Korea to the north, and the East China Sea and Republic of China to the south...

 in terms of broadband penetration rate (53%).

With regard to mobile services, the OFTA awarded four 3G
3G
3G or 3rd generation mobile telecommunications is a generation of standards for mobile phones and mobile telecommunication services fulfilling the International Mobile Telecommunications-2000 specifications by the International Telecommunication Union...

 licenses in 2001: Hong Kong CSL Limited, Hutchison 3G (HK) Limited, SmartTone 3G Limited and Sunday 3G (HK) Limited The first 3G mobile services were launched in January 2004 . Moreover, these four 3G operators, together with New World Mobility
New World Mobility
New World Mobility is a mobile communications brand name in Hong Kong. It was launched in 1997 and previously parented by New World PCS Limited...

 and Peoples Telephone Company Limited operate a total of eleven GSM networks. Thus, the mobile density is, once again, one of the highest in the world (106.3%) .
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