Twinned cities

Article Abstract:

The telecoms industry in Asia is beginning to liberalize, following an agreement at the Wold Trade Organization in 1997, and Singapore is to liberalize fully in April 2000, two years before schedule. Meanwhile, Cable and Wireless HKT and Singapore Telecom are to merge, a move that could allow Singapore Telecom access to China. Cable and Wireless may be able to raise funds to help its continue with its internet expansion as a result of the sale.

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Private numbers: Asian telecoms

Article Abstract:

Fast-growing Asian countries are privatizing their telecommunications firms, to improve their services and to meet increasing demands. About $90 billion is needed to meet to forecast of a 17% increase in demand yearly, and much of it will come from foreign investors.

Privatization, Privatization (Business)

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Testing times for the tigers' telecoms

Article Abstract:

The Asian telecoms market was affected by devaluations which hit the revenues of companies paid in local currencies, and made their debt burden more onerous as it is priced mainly in dollars. Companies have seen slower growth and some firms have gone bankrupt. Stock prices have dropped, nut larger telecoms firms, which may have monopoly power, have remained strong. Deregulation has been accelerated and foreign interest has increased. There have been some setbacks to investments, but the telecoms revolution has been speeded up.

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