Last updated: 7 Aug 2019 Update History
Report Status: Archived
Report Pages: 33
Analyst: Sebastien De Rosbo
The extensive roll-out of fixed broadband infrastructure has allowed Hong Kong to provide almost all households with access to high-speed broadband connectivity. Internationally, Hong Kong’s broadband penetration rate is among the highest in the world.
Broadband investment initially focused on DSL and HFC technology platforms although operators have switched focus to higher bandwidth fibre access platforms, due to inherent advantage of fibre access networks over competing platforms, especially in the geographically compact territory of Hong Kong.
Fixed-line broadband market penetration has grown slowly over the past five years in a highly mature market. Over the next five years to 2024 growth is expected to continue to increase slowly.
Demand for broadband is driven by consumption of bandwidth-intensive online services such as OTT video, music and games; the proliferation of Internet connected devices including TVs, smartphones, tablets and PCs; and increasing usage of corporate broadband services that include cloud services and software.
Underpinned by widely accessible, fast and affordable fixed and mobile broadband services, Hong Kong has developed into a digital economy to improve socio-economic development. Technology has been utilised to improve the quality, accessibility and affordability of commerce, government services, healthcare, education and utilities.
PCCW/HKT/CSL; Hong Kong Broadband Network (HKBN); i-Cable; NOW TV, Hutchison Global Communications Ltd (HGC), SmarTone.
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
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