Hongkong Telecom Signs CA Deal With Hongkong Post
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Hongkong Telecom (HKT) and Hongkong Post signed a memorandum of understanding (MOU) to provide the government agency with electronic verification support.
On behalf of Hongkong Post, HKT will become one of the first Hong Kong registration authorities to receive and verify applicants' information and details.
The telecom will ensure that the e-commerce applications of businesses comply with the requirements of Hongkong Post.
"We are delighted to participate with Hongkong Post in promoting secure electronic communications in Hong Kong," said Linus WL Cheung, chief executive of Hongkong Telecom. "The co-operation not only marks Hong Kong's first step in its e-commerce development, but also implements Hongkong Telecom's eVISION pledges."
P C Luk, acting postmaster general, said, "The MOU that we are going to sign today represents a business decision of our two organizations to co-operate in promoting various areas of e-commerce; particularly the Certification Authority (CA) services that will become public by the end of 1999."
"It signifies our two organizations' recognition of the changes in the marketplace and their active response to these changes through meeting the challenges of e-commerce," continued Luk. "We hope that as a result, the community at large will benefit from our efforts."
According to HKT representatives, the telecom is also investing HK$500 million (US$64 million) in 1999 to bring the benefits of broadband Internet access to around 80 percent of local households by 2000.