BT, Global One and MFS are three of the 14 international telecomms operators to win licences to offer virtual private network services in Hong Kong.
BT will launch its services by the end of next month to a potential market of more than 2,000 multinationals.
The move to open the VPN market is part of the pledge by Hong Kong to allow rivals to compete against the national telco, Hong Kong Telecom. The territory?s four operators of local fixed telecomms have also been offered VPN licenses and more are expected to be awarded.
Anthony Wong, head of Hong Kong?s telecomms authority said: ?The issue of VPN licences will bring about more choices, better quality of services and lower prices to business uers for international communications. It will enhance Hong Kong?s position as a financial and commercial centre in the region.?
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