HK ideal market for CT2
MORE than 100,000 people in Hong Kong are now using CT2, confirming it as the fastest growing service in telecommunications history, according to figures compiled by the Office of the Telecommunications Authority (OFTA).
OFTA said usage reached 107,367 in October, about five per cent of the working population.
After 17 months since the service was launched in Hong Kong, this milestone means that CT2 telephones have far outpaced cellular in speed of market penetration. In its first year of operation, CT2 amassed more subscribers than cellular telephony did in four years.
It continues to grow at twice the cellular market rate with between 8,000 and 12,000 new subscribers signing up each month.
Chevalier Telepoint managing director Neil Montefiore said Hong Kong was an ideal market for CT2.
The territory's geography, its density of population and the people's readiness to try new technology were among the reasons for CT2's dramatic acceptance.
