HK Telecom surrenders licence

PUBLISHED : Wednesday, 01 April, 1998, 12:00am
UPDATED : Wednesday, 01 April, 1998, 12:00am

Hongkong Telecom has formally surrendered its exclusive international licence to the Government. In return, it received $3.35 billion, the first instalment of its cash compensation package. The company will receive another $3.35 billion on July 1.


 

Promotions

 
 
 

You may also like