Telecom & Internet

AAC Technologies profit climbs 45.2% to US$60.01m in Q2

This is up from RMB268m (US$41.35m) in the same quarter in 2020.

Telecom PCCW narrows loss to $315m in H1

This improved from a $584m loss in the same period in 2020.

HKT profit steadies at $1.9b in H1

The telecom firm's total revenue grew 7% to $15.64b over the same period.

Hutchison Telecom profit drops nearly 80% to $31m in H1

This is much lower than the $146m recorded in the same period in 2020.

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.