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Peoples bucks market trend Firm eyes data business and says further consolidation unlikely as it gains ground on rivals.
(From South China Morning Post)
Byline: TELECOMS Carolyn Ong
Despite rumours over its future, the head of second-tier mobile operator Peoples Telephone says he sees no further consolidation in the market.
"Competition is what made the Hong Kong market and that is something Ofta [Office of the Telecommunications Authority] is encouraging very actively," Peoples Phone chief executive Charles Henshaw said yesterday.
"We haven't approached anyone and no one is approaching us. There are no mergers and acquisitions in our plans at all."
Once a struggling network provider for personal communications services (PCS), with its biggest …
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