Hutchison to offer broadband telephony in Hong Kong
Posted on 25-Nov-2003 08:24.
Filed under: News
According to The Standard, Cheung Kong Holdings has teamed up with Hutchison Whampoa and other technology companies to sell video phones that enable free international calls.
The phone itself is not the news, but the revolutionary idea is a landline operator offering VoIP services.
The Vfone would be sold at HK$2,880 each and the monthly service fee would be less than HK$100. Overseas Vfone users would be able to make unlimited video and voice calls to Hong Kong for free, while communications between two Vfone users would be free as well, regardless of their locations.
Stephen Lam, HGC's sales and marketing director, said the company was not concerned that the free international calls would take away its existing customers as the overall market would grow bigger with the new product.
Lam said HGC currently had more than 400,000 subscribers for its fixed-line service and more than 100,000 for its broadband service. It was adding about 15,000 subscribers for fixed-line and 8,000 for broadband each month, he said.