Macau's 32-year-old fixed-line telephony monopoly ended yesterday when the government issued two new service licences.

Macau's fixed-line telephone monopoly ends with new licences

Companhia de Telecomunicações de Macau (CTM), the existing service provider, and MTel Telecommunication, a new player, each received a licence. MTel said it and mainland phone equipment maker ZTE would invest about one billion patacas in infrastructure and the opening of new retail outlets.