Price war looms over telcos amidst iPhoneX release

One of the operators slashed monthly package fee by 25%.

South China Morning Post reported that China Mobile, one of the four major mobile operators in Hong Kong, cut its monthly package fee by 25 per cent on Tuesday – the last one to jump into the price war ahead of the latest iPhone launch.

CSL fired the first shot last week by offering discounts, aiming to poach customers from SmarTone and Hong Kong Broadband network. Before China Mobile joined the fray, the other two major operators – SmarTone and 3HK – followed suit and rolled out aggressive promotions to retain customers at risk of switching to a rival to buy the new Apple products.

View the full report here.