SmarTone | South China Morning Post
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  • Mar 6, 2015
  • Updated: 3:43am

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 mobile phone network goes down across Hong Kong

SmarTone customers started reporting cellular issues just after midday. Photo: Bloomberg

Hong Kong's communications watchdog has told telecoms operator SmarTone to submit a report after an outage on Thursday left many of its subscribers disconnected.

Friday, 13 February, 2015, 5:11am 7 comments

Hong Kong mobile sector expected to see better days after 3G spectrum auction

SmarTone bought a total of 19.8MHz of radio spectrum for HK$980.4 million. Photo: Bloomberg

Hong Kong's incumbent mobile network operators could see improved financial performance next year, after the government concluded its much-anticipated public auction of radio spectrum on Monday.

10 Dec 2014 - 3:01am

SmarTone eyes better days ahead

SmarTone has accepted an offer to exercise the right of first refusal for the reassignment of its 3G spectrum for 15 years. Photo: Bloomberg

SmarTone Telecommunications Holdings, which has warned investors about a drop in net profit for the year to June, is likely to find its prospects turning brighter during this financial year after a lacklustre period in the mobile market.

1 Sep 2014 - 4:21am

SmarTone slams rival HKT's 'fishing exercise' over its iPhone deal

Douglas Li, the chief executive of SmarTone Telecommunications, says there is no reason to disclose its contract with Apple. Photo: Dickson Lee

SmarTone Telecommunications has stepped up the rhetoric against rival mobile network operator HKT's legal manoeuvre to examine its confidential iPhone distribution agreement with Apple.

Douglas Li, the chief executive of SmarTone, yesterday said that the action was unfair and "a kind of fishing exercise" by HKT, the telecommunications arm of PCCW.

6 Mar 2014 - 1:20am

SmarTone bearish on growth prospects after profit falls 32pc

Douglas Li

SmarTone Telecommunications, which saw its net profit fall in the six months to December, expects growth prospects to remain tough as the Hong Kong market awaits the 3G spectrum auction later this year and the release of a new smartphone that could boost consumer spending.

14 Feb 2014 - 1:09am

SmarTone shares fall after cut in payout ratio

 SmarTone shares dropped 15 per cent yesterday after announcing a cut in its payout ratio on Wednesday. Photo: Bloomberg

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 consumers' growing data demands.

13 Sep 2013 - 3:00am

SmarTone cuts payout ratio to boost network

Douglas Li, chief executive of SmarTone Telecommunications, says there is a limit it will spend on more spectrum. Photo: Edward Wong

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 demand for mobile data and the government's 3G spectrum renewal policy.

12 Sep 2013 - 3:31am

SmarTone net profit expected to dip, revenue to rise

SmarTone is expected to post net profit of HK$889 million for the year to June. Photo: Bloomberg

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.

9 Sep 2013 - 5:38am

Operators call for review of 3G spectrum plan

Ken Pearson (left) and Phillipa Marks, consultants of Plum Consulting, attend a press conference on 3G spectrum in Hung Hom.

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 services, say local network firms.

12 Apr 2013 - 5:43am

SmarTone completes first bond offering

The bond sale will help finance a bid to renew its 3G licence.

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.

29 Mar 2013 - 5:13am

Higher costs loom for Hong Kong mobile market with 3G spectrum auction

Douglas Li, chief executive of SmarTone

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, according to SmarTone Telecommunications.

18 Mar 2013 - 2:17am

Legco panel to look into 3G spectrum issue

Hong Kong's four leading mobile network operators will discuss the expiry and future of their 3G spectrum licences at a Legislative Council meeting. Photo: Jonathan Wong

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 issue on March 27, according to a Legco document.

14 Mar 2013 - 6:41am

Hong Kong mobile operators gird for fight against 3G cuts

The city's big mobile network operators have warned of increased service degradation if they lose part of their 3G spectrum. Photo: Bloomberg

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 Telecommunications, Hutchison Telecommunications Hong Kong and PCCW's HKT are due to expire.

12 Mar 2013 - 6:29am

SmarTone targets 3G sector as fall in roaming business hits profits

SmarTone reported a 'significant' reduction in international mobile roaming traffic, which saw net profits drop 3pc. Photo: Bloomberg

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 competition in Hong Kong's 4G mobile market.

"We're targeting customer segments previously underserved by SmarTone," chief executive Douglas Li said yesterday.

19 Feb 2013 - 4:58am

Fever over iPhone 5 hits home as Apple's latest gadget goes on sale

Apple fans in Tokyo line up for what has become an annual rite of passage. Japan was one of nine markets where the iPhone 5 flew off the shelves yesterday. Photo: Bloomberg

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 on the latest iPhone.

22 Sep 2012 - 4:14am

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