Telecom New Zealand

China Telecom confirms rate

China Telecom yesterday confirmed the Ministry of Information Industry had set the minimum rate for international calls to not less than 17 US cents a minute. It said the change would not affect its results for the year to December 31.

Wednesday, 30 October, 2002, 12:00am

Network integration under consideration

Updated at 3.38pm. Thursday: Beijing has indicated that it may consider opening up the broadband-based cable TV network to data services, China News Service reported on Wednesday.

19 Oct 2000 - 12:00am

Official challenges deal with Telecom

The Government was challenged yesterday on whether it had an exclusive agreement with Hongkong Telecom to provide services to a department even though its franchise had been terminated.

5 May 1999 - 12:00am

HKT forms team to stop sales staff breaking rules

Hongkong Telecom has set up a regulatory compliance team - essentially a self-policing body - to ensure in-house marketing and sales staff work within SAR regulations.

30 Apr 1999 - 12:00am

HKT sues rivals for $426m in 'wrong' profits from international calls

Hongkong Telecom is suing two of its biggest rivals for $426.5 million, alleging they wrongly profited from a re-routing of incoming international calls.

The company last night said it had filed high court writs against New World Telephone and Wharf's telecoms arm New T&T.

4 Feb 1999 - 12:00am

HKT weathers deregulation of international-call sector

Hongkong Telecom (HKT) has weathered the January 1 deregulation of the international-call market 'better than expected' and suffered little dent in market share.

Since Telecom's monopoly was partially dismantled, a price war has been waged between its key competitors in an effort to increase business.

26 Jan 1999 - 12:00am

Large tariff cuts prompt share decline

Hongkong Telecom shares fell yesterday following the announcement that the company is to cut tariffs by an average of 25 per cent.

Most analysts had factored the widely expected decision into earnings forecasts and the share-price decline was smaller than the market's overall fall.

5 Jan 1999 - 12:00am

Overseas call rates to dive

THE cost of international telephone calls is expected to be slashed as early as tomorrow, after the termination of Hongkong Telecom's monopoly.

Other companies are expected to follow Telecom's move, bringing rates down across the board.

3 Jan 1999 - 12:00am

Collapse in IDD rates foreseen as HK Telecom monopoly dies

MOVES to cut the cost of dialling abroad are expected this week following last Friday's termination of Hongkong Telecom's international monopoly.

After gaining regulatory approval last week, Telecom may cut rates as early as tomorrow.

3 Jan 1999 - 12:00am

Need for competition

Just as price cuts in the mobile phone market are once again showing the benefits of a free market, there are alarming indications the Government may turn its back on allowing more competition among local fixed-line networks.

19 Dec 1998 - 12:00am

Cheaper alternatives ready to capture share of market

The introduction of competition usually is bad news for an incumbent former monopoly, and Hongkong Telecom's position is no different, according to analysts.

The widespread uptake of callback services in the past three years already has shown how lower-priced alternatives can grab market share quickly.

1 Dec 1998 - 12:00am

New T&T calls for action against Telecom

New T&T, the telecommunications arm of Wharf (Holdings), has urged the Government to investigate and punish what it calls Hongkong Telecom's 'anti-competitive behaviour', and to open the residential fixed-line service market up further to other operators.

5 Oct 1998 - 12:00am

Discount plans for callers approved

Two months after being fined $20,000 by regulators for offering illegal cut-price international rates, Hongkong Telecom has been given official backing for a new range of tariff reductions.

The company said customers signing up for call plans could, in some cases, save more than 20 per cent on international bills.

26 Aug 1998 - 12:00am

Liberalised domestic phone services get slow connection

This week may be the third anniversary of the liberalisation of Hong Kong's domestic phone call industry, but real competition hardly has arrived.

Hongkong Telecom's rivals may boast about their hundreds of kilometres of expensive fibre-optic backbones threaded through the MTR tunnels but, in truth, they lack the access network necessary to deliver services to the customer.

3 Jul 1998 - 12:00am

Star Telecom increases stake

Star Telecom International Holdings has again increased its holding in PCS mobile phone operator P-Plus. It will pay about $180 million in cash and shares for Telecom Finland's 28.49 per cent stake in the company. About $60 million of the deal will be in cash with the remainder from the issue of 40 million new shares to Telecom Finland.

26 Feb 1998 - 12:00am