Hong Kong takes pride in the way it has built one of the most sophisticated telecoms markets in the world. It has one of the world’s highest penetrations in mobiles, Internet and telephones generally. Its fixed-line teledensity of 53% is among the highest in Asia. Mobile penetration has rapidly moved to a surprising 150% plus. Hong Kong’s regulator, the Office of the Telecommunications Authority, has played a major role in developing the telecom sector. This report provides a statistical view of the Hong Kong telecoms market and an overview of the regulatory regime.