Telecom & Internet

Telecom Digital annual profit climbs 68.6%

The telecom company recorded a profit of $135.2m in the year ended March 2021.

Telecom Digital annual profit climbs 68.6%

The telecom company recorded a profit of $135.2m in the year ended March 2021.

New law requires real-name registration for SIM card owners

This is intended to prevent and detect crimes related to the use of prepaid SIM cards.

HKBN interim profit falls 63% to $48.5m

The result represents a drop from $131.58m profit recorded in the six months ending in February 2020.

ESR to develop US$2b data centre in Japan

The company plans to build two additional data centres at the site in Osaka.

Hong Kong's privacy watchdog asks Facebook to report on data leak

The social media giant has reportedly had an issue involving the personal data of some 500 million users.

SmarTone launches partnership with international mobile top-up platform Ding

The service will help expats living in Hong Kong to send mobile top-ups to their families back home.

China Mobile falls behind on mobile service revenue: OCBC

The bank has estimated China Mobile's mobile service revenue dropped 7% year-on-year.

Xiaomi beats market expectations as profit gains 12.8%

The company’s smartphone and IoT products revenue grew by 24% and 8%, respectively.

China Unicom posts RMB12.5b profit in 2020

The company also achieved successful 5G network 'co-build co-share'.

CITIC Telecom profit up 2% in 2020

The company’s total dividends per share rose 5% YoY to 21 cents.

Hong Kong launches public consultation on additional spectrum in 4.9 GHz band

It also aims to discuss the spectrum utilisation fee for the provision of public mobile services.

Tycoon Richard Li's telecom firm weighs $7.75b unit sale

The asset could attract interest from other telecom companies as well as private-equity funds.

China Mobile Hong Kong wins 3.5GHz spectrum for $300m

The company will build a territory wide 5G network.

Hong Kong gears for 5G rollout in 2020

Around 1,000 government premises will open for applications.

Chinese TMT IPO proceeds triples to $264.9b in 2018

China Tower Corp, Xiaomi Corp and Meituan Dianping had the largest IPOs in H2 2018.

Residential broadband provider HKBN to buy WTT HK in $10.5b deal

The private equity firms that own WTT would own around 11.66% stake each in HKBN.