TeleGeography Logo

Sales down 1% in Q1 for CKHGT

6 May 2022

CK Hutchison Group Telecom Holdings (CKHGT) has reported revenues of EUR2.43 billion (USD2.56 billion) for the first three months of 2022, down 1% year-on-year. Total margin was flat at EUR1.71 billion, with a decline in Italy being offset in the UK and other markets. Revenues in the UK were flat y-o-y, though in Italy Q1 sales were down 6% at EUR977 million.

While active subscription numbers rose 5% in the UK to 9.75 million at the end of March 2022, there was a 1% decline in Italy to 19.19 million. CKHGT includes 3 Group Europe businesses in six markets, plus Hutchison 3 operations in Hong Kong and Macau.

Hong Kong, CK Hutchison

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.