SmarTone Telecommunications saw its shares drop 15 per cent in Hong Kong trading yesterday after announcing a cut in its payout ratio on Wednesday, citing the need to invest in its network to meet...
- Thu
- Oct 3, 2013
- Updated: 10:00am
SmarTone
SmarTone Mobile Communications Ltd is a mobile phone operator in Hong Kong, and partly owned by Sun Hung Kai Properties. SmarTone was launched by Sun Hung Kai Properties and ABC Communications in 1992.
SmarTone Telecommunications has lowered its payout ratio to 60 per cent from 100 per cent, saying the move was prompted by the need to invest large sums in its networks to meet consumers' growing...
With the launch of its 4G network in August last year, SmarTone Telecommunications predicted a big shift in subscriber traffic to its new high-speed mobile service.
The Hong Kong government has failed to appraise fully the negative impact that its plan to reassign 3G spectrum in use and impose a significant increase in license fees would have on mobile...
Mobile network operator SmarTone Telecommunications has completed a US$200 million bond offering that will help finance the company's bid to renew its 3G spectrum licence in 2016.
The mobile communications market will see costs spiral up for both consumers and service providers under the government's plan to seize and auction off chunks of 3G spectrum currently in use,...
Opinion
SmarTone Telecommunications, CSL, Hutchison Telecommunications Hong Kong and PCCW's HKT are to be invited by the legislative body's panel on information technology and broadcasting to discuss the...
The government, represented by the Communications Authority, is expected to decide on that plan in October, which would be exactly three years before the 3G spectrum licences of CSL, SmarTone...
SmarTone Telecommunications, which saw its interim net profit decline by 3 per cent, aims to target more lower-spending 3G network users to offset falling roaming revenue and stiff price...
It matters not whether it runs on a 3G or 4G network or that its map application does not know where the Bank of China is. Apple fans in Hong Kong do not care as long as they can lay their hands...
SmarTone gives credence to the biblical saying: he who is last, shall be first.
About 3½ years ago the company bet that high-speed 4G mobile services and devices would be widely supported...
Apple's new iPhone 5 is set to whip up a buying fervour when it hits Hong Kong and eight other markets today, defying speculators' expectations and pre-launch mockery of its features.
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