| Abstract: | Waves from the tide of deregulation that first started to rise in USA over a decade ago have washed on many distant shores, as far apart as the UK, Australia and Japan. Hong Kong is no exception. Geographically tiny, the territory of Hong Kong is a throbbing dynamo, a financial and trading centre of immense importance in the Far East. With a telephone penetration of 36 per 100 population covering over 95% of all households, it is the most developed telephone country in the region, apart from Japan. |
