With the availability of fixed-line, mobile, voice, data and broadband services, Hong Kong is at the forefront of worldwide telecommunications markets. All sectors of Hong Kong’s telecoms market have been liberalised, as determined by the market. The regulatory regime is to provide a level playing field in the telecommunications market.
A sophisticated telecoms infrastructure, tech-savvy professionals, strong consumer demand for high-tech products, a sound intellectual property protection regime and geographical proximity to mainland China mean that Hong Kong offers an excellent base for multinational telecoms companies as their regional hub to serve Asia-Pacific’s high-growth markets.
Hong Kong’s free market, sound regulatory environment and business readiness for the use of information technology combines with the city’s advanced telecoms infrastructure, which ranked number one in the Technological Infrastructure Index 2011, in the International Institute for Management Development’s World Competitiveness Yearbook, and number two in Boston Consulting Group’s Penetration of High Speed Optical Technologies Index 2011.
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Matt Hu is the head of North China investment promotion at InvestHK, a department of the government of Hong Kong
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