Why is the telecom broadband in Hong Kong so cheap?

Hong Kong Telecom's broadband is cheaper than Chinese mainland's for three reasons:

1. Hongkong Telecom developed earlier than Chinese mainland. Hong Kong has developed to the stage of fiber-to-the-home very early, so the construction and maintenance costs are cheaper than those in the mainland.

There are many competitors in Hong Kong, including several major operators, such as PCCW. Hong Kong broadband, which forms healthy competition, so the price is relatively low.

3. China has a vast territory, complex and changeable terrain, and the construction and maintenance costs are obviously high. Although telecommunications in China has developed rapidly, it still lags behind Hongkong. Moreover, China's broadband is basically monopolized by China Telecom, and the market share of other operators is very small, so it is impossible to form benign price competition.

However, Hong Kong's contact with overseas countries is very slow. Even with the network speed of 100M, opening the mainland network is as slow as opening the Hong Kong network.