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SmarTone

SmarTone

SmarTone Mobile Communications 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.

Chairman / President

Raymond Kwok Ping-luen

CEO / Managing Director

Fiona Lau

CFO / Finance Director

Rosa Tang

Industry

Telecommunications

Website

smartone.com

Headquarters address

31/F, Millennium City 2, 378 Kwun Tong Road, Kwun Tong, Kowloon, Hong Kong

Stock Code

SEHK:0315

Year founded

1992

Representatives from financial regulators, technology companies and telecommunications firms at the launch of the Hong Kong Monetary Authority’s Anti-scam Consumer Protection Charter 3.0. Photo: Elson Li

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14 Jul 2020 - 7:46PM

Hong Kong gets first major trial of 5G-ready mobile infrastructure

30 Oct 2017 - 11:14PM

Stephen Chau Kam-Kun, chief technology officer at SmarTone, explains the mobile operator’s five-year network evolution plan for 5G with main equipment supplier Ericsson.

Hong Kong company reporting season

SmarTone steps up new business initiatives as revenue falls 53pc

30 Aug 2017 - 4:53PM

SmarTone joins call for change in Hong Kong’s spectrum policy

17 Feb 2017 - 8:38AM

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SmarTone and Ericsson join forces on 5G applications

18 Jan 2017 - 10:46PM

SmarTone chief technology officer Stephen Chau (left) and Ericsson Hong Kong and Macau chief technology officer Michael Lee display the 5G test system. Photo: Handout

New | Hong Kong’s SmarTone expects boost in revenue in bringing more bandwidth to city’s mobile users

2 Feb 2016 - 8:21PM

Update | SmarTone mobile phone network goes down across Hong Kong

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.

13 Feb 2015 - 5:11AM

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

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

SmarTone eyes better days ahead

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

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

6 Mar 2014 - 1:20AM

SmarTone bearish on growth prospects after profit falls 32pc

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

SmarTone cuts payout ratio to boost network

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

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

SmarTone net profit expected to dip, revenue to rise

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

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

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SmarTone completes first bond offering

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

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

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

18 Mar 2013 - 2:17AM

Hutchison Whampoa

Legco panel to look into 3G spectrum issue

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.

3 Jul 2018 - 8:57PM

Hong Kong mobile operators gird for fight against 3G cuts

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.

3 Jul 2018 - 8:57PM

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

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

19 Feb 2013 - 4:58AM

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

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

22 Sep 2012 - 4:14AM

SmarTone's 4G bet pays off with iPhone 5 launch

22 Sep 2012 - 4:13AM

First iPhone 5s to be available in HK stores today

21 Sep 2012 - 3:16AM

Fans ask about the phone at a Mong Kok trader. Photo: May Tse

HKT, SmarTone gird for more intense rivalry in mobile services

18 Sep 2012 - 2:12AM

Alex Arena and PCCW's Ringo Ng unveil the "Smart Living" concept at a mock-up of the firm's newly designed retail store. Photo: SCMP

SmarTone provides iPhone 5's first 4G network in Hong Kong

14 Jun 2018 - 4:53PM

Stock Talk | Market Wrap: Hong Kong stocks dip ahead of Fed; GCL jumps

13 Sep 2012 - 5:11PM

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