THE territory's telecommunications market must be further liberalised to promote competition and allow consumers to benefit from recent technological advances, a Standard Chartered Bank report says. The report, Hong Kong Economic Indicators , noted some progress in liberalisation over the past few years. The territory had 30 radio paging licences, four cellular phone operators, and three licensed CT-2 providers, it said. In the report, the bank called for a speedy introduction of the electronic data interchange, an electronic mail system allowing transmission of information between enterprises and government. Though the interchange had been discussed for many years, progress was slow and Hong Kong lagged behind other economies in the region, the report said. The Government needed to make regular reviews of Hongkong Telecom's monopoly on a range of circuits and services to ensure it did not impede telecommunication development in Hong Kong, it said. Some structural defects in the monopoly had been reduced by such measures as allowing competition in international phone service through call-back companies, and by allowing firms and organisations to 'self provide' their own external circuits for intra-corporate traffic. The monopoly would still require regular review until 2006, the report said. The bank called for more mobile phone licences to be granted.