Friday, 14 December 2018

Hutchison Telecom HK revenues slump as smartphones unavailable

By Mary Lennighan, Total Telecom
Tuesday 02 August 16

Hong Kong-based telco posts 52% decline in turnover in first half of 2016 as hardware revenue in mobile segment plummets.

Hutchison Telecom's Hong Kong and Macau business posted a sizeable fall in revenues in the first half of 2016, largely due to the lack of available smartphones. The telco, formally known as Hutchison Telecommunications Hong Kong Holdings (HTHKH), saw revenues for the six months to the end of June decline by 52% to HK$5…

Hutchison Telecom's Hong Kong and Macau business posted a sizeable fall in revenues in the first half of 2016, largely due to the lack of available smartphones. The telco, formally known as Hutchison Telecommunications Hong Kong Holdings (HTHKH), saw revenues for the six months to the end of June decline by 52% to HK$5…

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