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Into the communications fast lane

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SCMP Reporter

HONG Kong, Singapore, Japan, South Korea and Australia have some of the most advanced telecommunications infrastructure, according to analysts, but an information superhighway in Asia is still years away.

''The concept is great,'' said Joseph Yang, Asia-Pacific director of corporate finance at Baring. ''But the implementation has yet to be proved.'' Mr Yang cites the many national telecommunication monopolies throughout Asia as obstacles to integrated voice, data and video services.

In addition, the lack of cable services in the region is a barrier to the rapid development of an information superhighway in Asia.

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''Singapore and Hong Kong telecommunications markets have the same opportunities for development as the US, but these markets do not have the capacity to produce industry standards,'' Mr Yang said.

''Big US companies will move to merge or tap the expertise of regional companies that develop industry standards.'' But William Lo, director of strategic planning for Hongkong Telecom, disagrees.

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''Japan, South Korea, Australia, Singapore and Hong Kong have the advanced networks to support and make the transition to multimedia, interactive technology - that is the information superhighway,'' Mr Lo said.

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