Macau Post and Telecommunication (CTT) Director Lau Wai Meng said yesterday that the public concession contract with CTM will be extended to December 31, 2023 while a third party had been tasked with conducting analysis and research work.
Lau made the remarks at the “CTM x Huawei Cloud Strategic Collaboration Agreement Signing Ceremony and Launching of Cloud Platform” during the BEYOND EXP at the Venetian.
However, Lau said that the concession contract could be shortened or terminated 60 days prior to December 31, 2023.
When asked whether the 5G licensing or amendments to the framework law on the telecom sector would come up first, Lau also said that it would depend on the third party’s analysis report.
The amendments would have to be submitted to the legislature for debate and vote in order to take effect.
Also in attendance was CTM CEO Vandy Poon Fuk Hei, who was asked by reporters about the adjustments included in the contract between CTM and CTT, to which Poon replied that CTM supports the government’s arrangements, adding that in the next two years, his company hopes to cooperate with the government and work on policies together.
Poon also said that as soon as 5G is established, the development of the local telecom sector as a part of the smart city concept would be improved.
CTM CEO Vandy Poon Fuk Hei speaks with reporters after the CTM-Huawei ceremony during the Beyond Expo held at the Venetian. Photos: Rui Pastorin
Macau Post and Telecommunication (CTT) director Lau Wai Meng speaks with reporters after the “CTM x Huawei Cloud Strategic Collaboration Agreement signing Ceremony and Launching of Cloud Platform” on the sidelines of BEYOND EXPO at the Venetian in Cotai.
