Companhia de Telecomunicações de Macau
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Company type | Telecommunications Mobile Communications |
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Founded | 20 October 1981 |
Headquarters | Macau, China |
Area served | Macau |
Key people | Vandy Poon, CEO |
Products | Comprehensive telecom service |
Owner | CITIC Telecom International |
Website | www |
Companhia de Telecomunicações de Macau | |
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Chinese name | |
Hanyu Pinyin | Àomén Diànxùn Yǒuxiàngōngsī |
Yue: Cantonese | |
Jyutping | ou3 mun4*2 din6 seon3 jau5 haan6 gung1 si1 |
Companhia de Telecomunicações de Macau S.A.R.L. (Chinese: 澳門電訊有限公司) known as CTM is a telecommunications company in Macau, which obtained a monopoly franchise license from the government except for mobile telephone services.
History
Prior to 1981, telecommunications in Macau fell mainly under the purview of Macau Post and Telecommunications. Residents in Macau had to wait many months simply to have a telephone connected. To make a telephone call to Hong Kong was a lengthy procedure which had to be placed through an operator.
On 29 September 1981, an agreement was reached between the then
In June 2013, CITIC Telecom International’s transaction in acquiring the entire shareholding in CTM of both Cable and Wireless Communications and Portugal Telecom was officially approved by the Macau SAR Government. CITIC Telecom International became the controlling shareholder of CTM (99%) with the Macau Postal Savings as the remaining shareholder(1%).
See also
References
- ^ "About CTM". Companhia de Telecomunicações de Macau. Retrieved 2013-11-30.