TeleGeography Logo

HKT revenues up 14%

6 Aug 2013

PCCW’s core telecoms unit HKT has published its results for the six months ended 30 June 2013, showing consolidated revenues rose 14% year-on-year to HKD11.071 billion (USD1.427 billion). The fixed network division’s revenue for the six-month period increased by 14% y-o-y to HKD9.630 billion, and fixed line EBITDA rose by 2% to HKD3.522 billion, although the H1 EBITDA margin slipped from 41% the previous year to 37% as a result of ‘a shift in the mix of revenues generated during the period’, the group reported. HKT’s mobile business achieved a 20% year-on-year increase in revenue to HKD1.360 billion in January-June 2013, as a focus on higher-value mobile customers drove ARPU up by 13% to HKD209 from HKD185 a year earlier. Mobile subscribers increased by 3% y-o-y to 1.652 million, while mobile EBITDA increased by 29% to HKD441 million, with the margin improving to 32% from 30%, as HKT said it benefited from cost advantages of its integrated fixed-mobile network infrastructure. HKT’s consolidated (fixed/mobile/other operations) EBITDA increased by 3% year-on-year to HKD3.839 billion for the first six months of the year, in which it invested CAPEX of HKD1.015 billion (1H12: HKD852 million). Profit attributable to holders of Share Stapled Units/shares of the company for the six-month period increased by 53% year-on-year to HKD1.189 billion.

GlobalComms Database

Want more? Peruse the GlobalComms Database—the most complete source of intel about mobile, fixed broadband, and fixed voice markets.

TeleGeography

TeleGeography is the definitive source for telecom news, numbers, and analysis. Explore the full research catalog.