Hong Kong is a global business center and a leading telecommunications market
in the Asia region. This characteristic has greatly influenced the city’s success and development and today the telecommunications sector
is very well developed with companies providing for a large number of services.
Investors who want to open a Hong Kong company
that will operate in the field of telecommunications
have no restrictions for investments, with foreign entrepreneurs
having the same rights as nationals. The sector is regulated regarding the types of services, quality, and price practiced by the companies in this field.
Our experts invite you to watch a short video about the telecommunications industry in Hong Kong:
The Hong Kong telecommunications industry
The telecommunications industry in Hong Kong
is very well developed and has an advanced infrastructure. A number of international companies have opened branches in Hong Kong
in order to set up their regional operations point in the area.
The Communications Authority in Hong Kong is an independent, regulatory body that operates under the Communications Authority Ordinance and controls the broadcasting and telecommunications sector in the city. The Communications Authority Ordinance, the Telecommunications Ordinance, the Broadcasting Ordinance and other legislative documents provide the guideline and regulations for the industry.
Services offered by telecommunications companies in Hong Kong
- local fixed carrier services;
- mobile services;
- fixed broadband services;
- external telecommunications services.
In some sectors, the competition is more developed than in others. Companies operating in various telecommunication fields need to obtain special permits and licenses
Investors who are interested in opening a telecommunications company in Hong Kong
need to set-up a new company, according to the current provisions, and register it with the Companies Registry
The telecommunications industry is also an important employer in Hong Kong. Companies that want to hire personnel need to observe the provisions of the Employment Law.