(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.
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 Portuguese Macau government and the British telecommunications company Cable & Wireless plc to set up the new company Companhia de Telecomunicações de Macau S.A.R.L.. Shareholders included Marconi Comunicações Internacionais (the Portuguese operations of the UK-based Marconi Company, acquired by Portugal Telecom (now Altice Portugal) in 2002), CITIC Pacific (later transferred to subsidiary CITIC Telecom International in 2010) and Macau Post.
[1] 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.