Telecom & Internet
HK launches subsidy scheme to expand 5G in rural areas
HK launches subsidy scheme to expand 5G in rural areas
About 50 new subsidised RBSs will be built.
I Squared Asia scraps plans to acquire HKBN Ltd
HKBN also ended the offer period in relation to I Squared Asia’s offer.
Vodafone, CK Hutchison complete UK merger
VodafoneThree will invest t $116.7b in 5G over 10 years.
China Mobile takeover offer not good enough, says HKBN CEO
The company said it still welcomes other bidders.
Microsoft partners with Cyberport to support local startups with AI applications
Six companies were selected for the programme.
CK Hutchison mulls spin-off of telecom business
There is no guarantee that any transaction will take place.
Comba Telecom suffers $564m net loss in FY2024
The decrease was attributed to the decline in revenue and gross profit.
HK Telecom, Pay-TV revenue to see 1.8% CAGR through 2029
This will be led by the growth in mobile data and fixed broadband service segments.
Mobile operators can soon install facilities without fees in new buildings
This is effective starting 1 April 2025.
PCCW Global and GalaxySpace ink MoU on LEO satellite market expansion
The satellite expansion will initially focus on Hong Kong and countries along the Belt and Road.
Comba Telecom dwindles in H1 2024 with $157m loss
Revenue also decreased by 27.4% to $2.3b.
HKT to halt 2G services by November
2G service users accounted for only 0.36% of its mobile subscription base.
HKT to see debt drop over stake sale: S&P Global
Demand in mobile roaming and growth in broadband and local data services to drive profits.
Hong Kong Telecom will see its debts reduce after the sale...
Enhanced industry regulatory scheme for marketing calls launched
This includes requiring telemarketers to provide their names and contact numbers upon recipients' requests.
Singapore and Hong Kong team up to combat telecom scams
The parties will collaborate on three areas.
OFCA launches labelling scheme to boost 5G indoor coverage in buildings
It will push mobile network operators (MNOs) to improve 5G network coverage indoors.
Fixed comm services revenue to grow 2% in 5 years
This is thanks to the fixed broadband service segment.
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