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Gains in telecom services moved offshore this month like outcasts as overseas firms dominated analyst 1yr. targets. (26-0)
Gains in telecom services moved offshore this month like outcasts as overseas firms dominated analyst 1yr. targets. (26-1)
Hong Kong: Hutchison Telecommunications Hong Kong Holdings Ltd said on Sunday it agreed to sell its fixed-line telecoms business to I Squared Capital for about $1.9 billion, raising funds to invest into mobile phone services and for working capital.
LONDON, Feb. 6, 2017 /PRNewswire/ -- IEMR's Asia Pacific Mobile Operator Forecast is the most comprehensive forecast of its kind in the world. This report provides operational and financial metrics for wireless markets across the region and is one of the best forecasts in the industry. We provide two-year forecasts at the operator level going out to 2018. We also provide quarterly historical and forecast data starting in 2002 and ending in 2Q.
Government should also free up more spectrum for innovation purposes and allow spectrum trading, HKT says
The buying slowed after rising for three straight weeks while the selling among directors rose for the second straight week based on filings on the Hong Kong exchange in the fourth week of November. Buyers outweighed sellers with 33 companies that recorded 163 purchases worth HK$323 million versus 15 firms with 56 disposals worth HK$45 million. The buy figures were slightly down from the previous week’s 34 companies, 187 purchases and HK$355 million.
KKR & Co LP kkr and HKBN have placed final bids for the Hong Kong telecom arm of Wharf Holdings, warfy in a deal likely to fetch $1 billion to $1.2 billion, people familiar with the matter told Reuters.
SmarTone Telecommunications Holdings, which runs the No 3 mobile network operator in Hong Kong, expects a steady rise in revenue as it takes the lead in bringing more bandwidth for the city’s data-hungry 4G mobile users.