City Telecom HK (CTI) provides IDD calling services in Hong Kong with over 20% of the market. It is also a leading ISP, providing dial-up and broadband Internet access, and an ICP through its Web portal. Originally a reseller of international voice services, CTI began construction of an IP backbone network with last-mile wireless LMDS access in 2000. From April 2002, its access technology also included fibre optic and copper wire. CTI competes mainly on price, offering guaranteed lowest price IDD. It intends to enter the deregulated local call market in 2003 at rates 30%-40% lower than market rate. The company intends to offer pay-TV, VoIP and data leased-lines services by end-2002.
Table of Contents
2. Company information
2.1 Operating summary
2.2 Financial results – 2001/2002
2.3 Company structure
2.4 Company history – 1992-2000
4.1 International Direct Dial service – IDD1666
4.2 Calling card services
4.3 Internet services
4.3.1 Internet access
4.3.3 Web portal
4.4 INC (the specialized IDD Network for Corporations)
4.5 Retail stores
5. Other developments
5.1 Year 2002
6. Contact details
Table 1 – IDD subscribers and outgoing traffic volume – Aug 1997 to 2002
Table 2 – IDD traffic volume by destination – half yr to Feb 2002
Table 3 – Broadband subscribers – Aug 2000 to 2002
Table 4 – Revenue for year ending August 1995 to 2001
Table 5 – Revenue by segments – 2001
Table 6 – Revenue by segments – first half year 2002
As you know, I have resigned from the Labor Ministry and have decided not to re-contest the seat of Charlton at the next election – both for personal reasons.
Before leaving Parliament, I particularly wish to record my thanks to you for your generous and constructive participation in the deliberations that generated significant economic policy reforms for the Australian community. Continuous economic transformation is a key challenge that faces all Governments.
The development of sound public policy should always be contestable. Ultimately, good and equitable outcomes are not concessions to any particular interest group, but the careful balancing of interests to create the greatest possible benefit for the nation. You have contributed to that, and I sincerely thank you for it.
Greg Combet, Former Minister for Climate Change, Industry and Innovation