The share of fiber optic in fixed broadband connections in Hong Kong will increase from 83.3 percent in 2020 to 95.3 percent in 2025, research firm GlobalData said.
Cable’s share in the fixed broadband lines will decline to 0.7 percent in 2025. DSL’s share in the fixed broadband lines will decline to 4 percent in 2025.
Fiber broadband market in Hong Kong will benefit from six new fiber projects awarded by the country’s telecom regulator Office of the Communications Authority (OFCA) in June 2020. The subsidy scheme aims to provide support for the expansion of fiber-optic infrastructure to 235 villages across nine districts in the New Territories and outlying islands.
“OFCA has been working with the service providers to accelerate the fiber network deployment. PCCW and China Mobile Hong Kong obtained three contracts each from the regulator to roll out fiber network across the country,” Deepa Dhingra, telecom analyst at GlobalData, said.
Fixed broadband service revenues are expected to drop due to falling broadband average revenue per subscriber (ARPS) in the wake of the promotional discount plans offered by operators to drive service adoption and survive competition.
