With the ending of the Hong Kong Telephone Company’s (HKTC) monopoly on the provision of the domestic public switched telephone network (PSTN) and basic voice services, 1995 marks a turning point in the history of Hong Kong’s telecommunications. From 1st July four new Fixed Telecommunications Network Services (FTNS) licences came into effect, issued to HKTC, Wharf Holding’s New T&T (Hong Kong) Ltd, Hutchison Communications Ltd and New World Telephone Ltd.
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