Wharf New T&T - Hong Kong (research discontinued)

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Last updated: 17 Apr 2002 Update History

Report Status: Archived

Report Pages: 8

Analyst: Peter Evans


Wharf New T&T is one of the new fixed-line operators who entered the Hong Kong market when it deregulated in 1995, heralding in a new era of intense competition on the island. A wholly owned subsidiary of Hong Kong conglomerate, the Wharf Group, the company became the first new entrant to report a profit in 2001. Its profitability has been largely due to its focus on the high value business fixed-line market, which contributes most of its revenue. The company owns a fibre-optic network covering 90% of the island’s population, which interconnects directly with all three Mainland fixed-line providers, North America, Europe and parts of Asia.

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