SmarTone Telecommunications Holdings Ltd - Hong Kong (research discontinued)

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Last updated: 18 Apr 2002 Update History

Report Status: Archived

Report Pages: 7

Analyst: Peter Evans

Synopsis

Established in 1992, SmarTone is the third largest mobile telephony provider in Hong Kong operating a dual-band GSM900/1800 network. It also provides fixed-line telephony and broadband Internet services over its fixed wireless LMDS network. The company listed on HKSE in 1996. In 1999, BT acquired a 20% stake. Operating in a highly competitive saturated market, the company is focussed on the high-value corporate data services market. The take-up of its fixed wireless broadband service was lower than expected and, in 2001, the company started cost cutting in this area. In 2001, the company acquired a 3G licence in Hong Kong and contracted Ericsson to build out the network.

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