Fact-checked by Grok 2 weeks ago

SmarTone

SmarTone Holdings Limited (SEHK: 0315) is a provider based in , specializing in mobile communications, services, and enterprise solutions across and . Founded in 1992 and listed on the since 1996, the company operates as a of Limited (SEHK: 0016), delivering voice, multimedia, , fixed fiber , and offerings to consumer and corporate markets. SmarTone launched the territory's first 5G home broadband service in 2020, which requires no wiring or installation. Its mobile services include high-speed and 4.5G plans starting from HK$99 monthly, prepaid SIM and data cards for flexible usage, and roaming data options for and , all supported by a territory-wide network. For fixed services, SmarTone provides home broadband plans enabling ultra-fast connectivity, alongside traditional options for households and businesses. In the enterprise sector, it offers solutions to drive . As of 2025, the company reports penetration of around 40% in its customer base of 2.87 million and double-digit growth in 5G home broadband subscriptions. The company's market position is supported by its infrastructure, including over 30 retail stores and five sub-brands. It ranked among the Kantar BrandZ Top 30 Strongest Brands in for 2024, the only telecommunications operator in the top 10. Headquartered in , , SmarTone invests in coverage and customer-centric innovations, such as the SmarTone CARE app for bill management and exclusive offers.

Overview and Background

Company Profile

SmarTone Holdings Limited is a prominent company based in , established in 1992 as a provider of mobile and related services. Headquartered at 378 Kwun Tong Road, , , the company primarily operates in the market, focusing on mobile communications, fixed broadband, and enterprise solutions, with operations in having ceased on November 11, 2024. As a subsidiary of , SmarTone emphasizes premium services and innovation in technologies. The company's core business segments include consumer services encompassing voice, data, and international ; home options leveraging 5G and fiber-optic networks; and corporate solutions such as integrations, cybersecurity, and managed IT services. In the enterprise space, SmarTone targets growth through tailored connectivity and offerings for businesses. Its operations serve approximately 2.87 million subscribers in as of mid-2025, representing a stable base with 40% penetration in services. SmarTone holds a of around 10-15% in Hong Kong's overall mobile sector, positioning it as a key player behind larger incumbents, while leading as the top provider in the 5G home broadband category based on consumer preference surveys. The company was an early adopter of , launching territory-wide services and achieving the largest share in premium home broadband since its introduction in 2020. For the ended June 2025, SmarTone reported of HK$6.25 billion, reflecting modest 1% growth year-over-year, driven primarily by 5G adoption and segment expansion with 24% EBITDA increase in that area.

Ownership and Governance

SmarTone Telecommunications Holdings Limited is a majority-owned of Limited, which holds approximately 73.18% of its issued shares, providing strategic oversight and long-term investment support as the controlling shareholder. This ownership structure stems from ' foundational involvement since SmarTone's establishment in 1992 and its consolidation of control through a general offer in 2002, which elevated its stake above 50%. Prior to and following this, SmarTone has remained a publicly listed entity on the (HKSE) under stock code 0315 since its in 1996, allowing access to capital markets while benefiting from the parent's dominant influence. The company's governance is led by a Board of Directors chaired by Ping-luen, a and senior executive from , ensuring alignment with the parent's corporate objectives. Key board members include executive directors such as Allen Fung Yuk-lun, serving as Deputy Chairman since 2020 with prior experience as managing partner at in and strategic roles within the Sun Hung Kai group, and Fiona Lau Yeuk-hung, who has been Chief Executive Officer since February 2023, bringing expertise in telecommunications commercial operations from her previous position as at SmarTone and leadership roles at Octopus Holdings Limited. To support robust oversight, the board maintains specialized committees, including the for reviewing financial controls and external auditor remuneration, the Remuneration Committee for determining policies, and the Nomination Committee for board composition and succession planning. As a operator, SmarTone operates under the regulatory framework of the Office of the Communications Authority (OFCA) in , which issues licenses for mobile services and enforces compliance with spectrum allocation, , and network quality standards. Its former Macau subsidiary, SmarTone Mobile Communications (Macau) Limited, was licensed by the Bureau of Telecommunications Regulation and adhered to local rules on mobile network operations until ceasing services on November 11, 2024, after which regulatory focus returned solely to operations. The majority ownership by has facilitated a model emphasizing , allowing SmarTone to pursue targeted investments in and without the full scrutiny of dispersed public shareholders, while maintaining transparency through HKSE listing requirements.

Historical Development

Establishment and Early Years (1992-1999)

SmarTone Telecommunications Holdings Limited was incorporated in March 1992 in as a primarily between and ABC Communications, a subsidiary of (now part of ), with initial capital aimed at entering the mobile market. The company received its mobile services license from the Hong Kong government in 1992, becoming the second dedicated mobile carrier to challenge established players such as Hutchison and CSL in the territory's emerging digital mobile sector. In March 1993, SmarTone launched Asia's first digital mobile service, operating initially on the 900 MHz band and focusing on high-quality voice services to differentiate from analog competitors. This pioneering rollout positioned the company as an innovator, with early network coverage prioritized for urban areas including and to address intense competition from incumbents. By December 1993, SmarTone introduced Asia's first automatic roaming service through partnerships with international operators, enabling seamless connectivity for travelers and enhancing its appeal in a market dominated by local-focused rivals. Subscriber numbers grew rapidly, reaching over 100,000 by 1996 amid aggressive marketing and service improvements, despite challenges from price wars and limited spectrum availability. In 1997, the company expanded accessibility by launching prepaid mobile services, targeting cost-conscious users and further boosting adoption in a competitive landscape. SmarTone went public on the in October 1996, raising capital through its to fund network expansion and infrastructure upgrades, which helped solidify its position as a key player in Hong Kong's mobile market by the end of the decade. Early operations faced hurdles from dominant incumbents' and the need to build consumer trust in digital technology, but strategic focus on and urban penetration laid the foundation for sustained growth.

Expansion and Key Milestones (2000-2009)

In the early , SmarTone advanced its technological capabilities by securing a third-generation () mobile license. The Telecommunications Authority awarded the license to SmarTone 3G Limited on October 22, 2001, as one of four operators granted permission to provide services in . This positioned SmarTone to transition from its foundational network, enabling higher-speed data and multimedia offerings. By December 2004, SmarTone launched its services using WCDMA technology, branded as SmarTone 3, which supported enhanced voice, video calling, and for users. SmarTone expanded geographically by entering the Macau market. In November 2000, the company secured a mobile license in , taking a 60 percent stake in the consortium awarded the concession. This led to the launch of mobile services under the SmarTone Macau brand in August 2001, marking the company's initial foray beyond and introducing competitive GSM-based telephony to the territory. Although no direct acquisition of a stake in Companhia de Telecomunicações de Macau (CTM) occurred in 2004, SmarTone's operations in grew steadily, focusing on building subscriber loyalty through localized pricing and coverage enhancements during the mid-2000s. Service diversification included innovations in mobile data and . In December 2002, SmarTone introduced the SmarTone iN! platform, a service enabling multimedia messaging service (MMS) and basic over its existing network, priced competitively to align with emerging models. This laid groundwork for data-centric offerings, with further in 2005 through partnerships that bundled mobile data with voice plans, promoting usage of enhanced data services like and web browsing. Subscriber milestones reflected this growth; by June 30, 2005, SmarTone's customer base surpassed 1 million, reaching 1,011,000, supported by introductions of family-oriented plans and expanded international options to over 100 destinations. Network infrastructure saw significant upgrades for reliability and speed. Collaborations with global operators, notably a 2004 Partner Network Agreement with , facilitated enhancements between 2004 and 2006, improving data speeds to 384 kbps on existing infrastructure and bridging to capabilities. By 2008, SmarTone achieved near-complete population coverage in , with its network reaching approximately 99 percent of the population through strategic site deployments and spectrum optimization. Preparations for next-generation technologies included early trials in the late , focusing on compatibility to future-proof the infrastructure. Financial performance underscored the decade's consolidation. Revenue grew substantially, from approximately HK$1.5 billion in 2000 to HK$3.7 billion by the fiscal year ended June 30, 2009, driven by subscriber expansion, data service adoption, and operational efficiencies in both Hong Kong and Macau. This period solidified SmarTone's role as a key player in Hong Kong's competitive telecom landscape, emphasizing service innovation amid market maturation.

Modern Era and Acquisitions (2010-2025)

In 2012, SmarTone obtained spectrum for services from the Office of the Communications Authority (OFCA) and launched its commercial network on August 28, utilizing the 1800 MHz band to deliver enhanced mobile data speeds across . The rollout initially targeted urban areas and key infrastructure, with early coverage including stations by October 2012. By 2014, SmarTone introduced LTE-Advanced capabilities, aggregating the 1800 MHz and 2600 MHz bands to boost network capacity and performance for postpaid subscribers. This upgrade supported growing data demands, and by 2016, the operator had expanded coverage to additional lines, achieving extensive population reach in urban and transport hubs. SmarTone's transition to 5G began with the acquisition of in the 3.3 GHz band in December 2019, marking one of the first allocations for sub-6 GHz in by OFCA. The company also secured mmWave in the 26/28 GHz bands earlier that year for high-capacity applications. Commercial non-standalone services launched in May 2020, leveraging existing infrastructure for initial deployment and focusing on both sub-6 GHz for broad coverage and mmWave for high-speed indoor scenarios. By late 2020, SmarTone achieved 70% population coverage for , expanding to 99% by 2022 through ongoing investments in base stations and sharing technology. This positioned the operator to support emerging use cases like enhanced amid increasing data consumption. In Macau, SmarTone entered as a in 2001. The company launched services there in November 2015, providing comprehensive outdoor coverage across the territory. By 2017, network expansion was completed, enabling reliable high-speed connectivity in key areas including the and . In August 2024, SmarTone ceased its mobile operations in Macau, returning its license to the and arranging for customer migration to CTM. During the in 2020-2021, SmarTone demonstrated resilience by accelerating digital solutions for , including enhanced data plans and network optimizations to handle surged demand for video conferencing and online collaboration. The operator's postpaid subscriber base grew 6% to 2.7 million, with churn at a low 0.7%, reflecting strong amid economic challenges. adoption accelerated post-launch, reaching approximately 1 million subscribers by 2023 as penetration hit 38% of the postpaid base of 2.65 million. Looking toward 2025, SmarTone continued innovation with AI-enhanced features in and network management, while pursuing through energy-efficient upgrades and integration in its infrastructure. For the ended 30 June 2025, revenue remained stable at HK$6.253 billion, primarily driven by uptake and premium service add-ons. These efforts underscored SmarTone's strategic focus on technological leadership and environmental responsibility in a competitive .

Services Offered

Mobile Telecommunications

SmarTone's mobile telecommunications services form the core of its consumer offerings, providing reliable , , and solutions tailored for individual and family use in . Postpaid plans typically include unlimited local calls within , enabling seamless communication without per-minute charges, while is available at competitive rates starting from HK$0.99 per minute to select destinations. Data plans are structured in tiers to accommodate varying needs, ranging from 10 GB monthly allowances at entry levels to unlimited data options with fair usage policies. These plans leverage SmarTone's network, delivering download speeds up to 1 Gbps in optimal conditions, and have supported activation since 2019 for convenient digital provisioning without physical SIM swaps. For travelers, SmarTone's services ensure global coverage across more than 200 destinations, with automatic activation of roaming upon arrival since the service's early implementation. Enhanced roaming capabilities are available through partnerships with international operators. data packs offer options like 1.2 GB per day for HK$88 in regions, alongside voice rates starting at HK$1.99 per minute. Handset sales are integrated into plan subscriptions, bundling popular devices from Apple and with discounts up to HK$1,500 on designated plans. A trade-in program, launched in 2018, provides rebates of up to HK$300 for eligible old devices, promoting sustainable upgrades and reducing costs for new purchases. Consumer-oriented plans include prepaid options such as local prepaid designed for flexible use with no-contract data packs starting at HK$65 monthly. Family sharing features allow data pooling across multiple lines on select postpaid plans, enabling shared allowances for households. The pricing structure remains accessible, with entry-level postpaid plans at HK$109 per month offering basic voice and 10 GB data, while premium plans reach HK$399 per month for 180 GB high-speed data plus unlimited usage. As of mid-2025, SmarTone maintains approximately 2.8 million mobile connections, with around 40% migrated to , reflecting steady adoption amid network enhancements.

Fixed and Home Broadband

SmarTone provides fixed broadband services through fiber-optic infrastructure, delivering high-speed internet connectivity for residential users in . These services leverage and Next-Generation PON (NGPON) technologies to offer download speeds up to 10 Gbps, ensuring low and reliable performance for streaming, , and . Since establishing a with HKT in , SmarTone has achieved coverage in approximately 80% of 's buildings, focusing on major residential estates and urban districts. In addition to traditional fiber options, SmarTone introduced Home Broadband in 2020 as Hong Kong's first wire-free home internet service, utilizing fixed wireless access (FWA) technology with (CPE) routers for seamless deployment. This service provides download speeds ranging from 500 Mbps to 2 Gbps, depending on location and network conditions, with unlimited data usage and strong indoor signal penetration supported by SmarTone's extensive spectrum holdings. Coverage extends to 95% of urban areas in , making it accessible for most households without the need for physical cabling. SmarTone's broadband plans are designed for flexibility and affordability, with options starting at HK$198 per month for 1 Gbps symmetrical speeds, including free in covered areas. Home Broadband plans begin at HK$98 per month (30-month contract) for speeds up to several hundred Mbps, featuring no fees and same-day setup via plug-and-play routers. Customers can opt for add-ons such as static addresses for advanced applications or bundled discounts when combining with services, enhancing value for multi-device households. By 2025, SmarTone's fixed services have seen significant adoption, with around 300,000 subscribers and 150,000 Home Broadband users, reflecting the growing demand for high-reliability home connectivity. The Home option stands out for its rapid activation—often within hours—ideal for renters or temporary residences, while remains preferred for bandwidth-intensive tasks requiring consistent uptime. These services complement SmarTone's underlying network infrastructure, providing users with robust fixed-location internet without overlapping mobile data functionalities.

Enterprise and Supplementary Services

SmarTone provides a suite of (B2B) offerings through its SmarTone Solutions division, focusing on , connectivity, and security to support corporate operations in . These services include managed IT solutions for workflow automation and , enabling enterprises to streamline operations and enhance productivity. For instance, integrated networking and next-generation facilitate integration, allowing seamless data flow and scalability for applications. In the realm of cybersecurity, SmarTone delivers comprehensive protections such as network-based defenses, detection, firewalls, and employee programs to safeguard against threats like data theft and . These solutions emphasize and real-time monitoring, helping businesses maintain operational resilience in an increasingly environment. Additionally, SmarTone offers anti-cyberattack applications and security rating platforms to assess and mitigate vulnerabilities proactively. Supplementary services extend beyond core connectivity, encompassing professional systems, (IDD) for cost-effective overseas calls, and call management tools to control incoming communications. For device-related support, SmarTone provides handset financing options through interest-free installment plans, such as the " for " program, which allows businesses to upgrade devices without upfront costs. bundles, including the SmarTone Screen Replace™ service underwritten by Avo Insurance Company Limited, cover repairs for smartphones, back covers, and wearable devices against accidental damage. On the enterprise mobile front, SmarTone has advanced its capabilities with dedicated private networks, incorporating network slicing and private deployments as part of its 5G-Advanced rollout to deliver customized, high-performance for industries. These solutions support low-latency applications in sectors like and , with pilots and implementations enhancing operational efficiency through reliable, isolated networks. The company serves a diverse client base exceeding thousands of corporate entities, including finance and government-related organizations, as exemplified by partnerships with firms like Roche for end-to-end solutions. Key innovations include platforms tailored for and , integrating for tracking and in supply chains and facilities. In 2024, SmarTone strengthened through ongoing partnerships, such as with and , to enable low-latency processing for applications, improving data handling at the network edge. Sustainability efforts feature consulting on green networks, achieving a 36% gain via AI-optimized base stations and hardware upgrades, aligning with broader environmental goals. The enterprise segment has been a major growth driver, posting double-digit revenue increases and strong profit contributions in recent years, accounting for a notable portion of overall performance amid the expansion of 5G services. For FY2025, while total revenue remained stable at HK$6,253 million, the enterprise solutions business continued to diversify revenue streams and bolster profitability through these specialized offerings.

Network Infrastructure

Developments in Hong Kong

SmarTone initiated its mobile network infrastructure in with the launch of Asia's first service in March 1993, operating on 900 MHz and 1800 MHz bands to provide voice and basic data services. The network expanded progressively through the and early , achieving widespread coverage before the gradual transition to next-generation technologies. By 2006, SmarTone had fully shifted focus to , with services continuing in parallel until their termination in October 2022 to reallocate spectrum for advanced networks. In the 3G era, SmarTone deployed on the 2100 MHz band starting in June 2006, later upgrading to HSPA+ for enhanced data capabilities with peak theoretical speeds of up to 42 Mbps. This infrastructure supported growing mobile internet demand, with refarming efforts beginning around 2010 to optimize for higher-efficiency services. The network remains operational as of 2025, with ongoing refarming efforts and initial shutdowns among operators starting in 2025 to support and expansion. SmarTone entered the 4G era in August 2012 by launching services on 1800 MHz spectrum, subsequently expanding to LTE-Advanced across 1800 MHz, 2100 MHz, and 2600 MHz bands. techniques enabled peak download speeds of up to 300 Mbps, improving multimedia and streaming experiences. By 2018, the network achieved near-universal outdoor coverage, reaching 99% of the population, bolstered by extensive site deployments in urban and suburban areas. The 5G rollout commenced in May 2020 with non-standalone (NSA) architecture overlaid on the existing LTE core, transitioning to standalone (SA) mode for full independence by late 2021. SmarTone utilized sub-6 GHz spectrum in the 3.3 GHz (20 MHz) and 3.5 GHz (50 MHz) bands, complemented by mmWave at 28 GHz for high-capacity zones, delivering peak speeds of up to 1.5 Gbps. Coverage expanded rapidly, surpassing 95% population coverage by 2022 and reaching 99% by early 2023, including indoor penetration in key districts and transport hubs. As of 2025, SmarTone's 5G coverage remains at over 99% of the population, with continued investments in standalone 5G and fixed wireless access integration. For fixed network support, SmarTone integrated fiber backhaul infrastructure around 2005 to underpin mobile expansions, partnering with providers like HKBN for high-capacity 100 Gbps Ethernet links dedicated to 5G transport since 2020. This evolved into 5G fixed wireless access (FWA) integration, launching home broadband services in September 2020 to offer plug-and-play ultra-fast connectivity without traditional cabling. SmarTone committed significant capital expenditures to , investing over HK$5 billion from 2019 through 2023 in network upgrades, with ongoing allocations stabilizing post-rollout. Key technologies included massive and , trialed with in 2017 for FDD spectrum to boost capacity up to fivefold, and integrated into deployments for enhanced urban performance. Challenges in Hong Kong's dense environment included securing through the auction of 100 MHz in the 3.3 GHz , which raised HK$665.1 million total across operators, with SmarTone acquiring 20 MHz to complement its existing 50 MHz in the 3.5 GHz . Urban densification required deploying thousands of to maintain signal quality in high-traffic areas like stations, addressing and capacity demands.

Operations in Macau

SmarTone entered the Macau telecommunications market in 2000 when the government issued new mobile operator licenses to break the monopoly held by CTM, allowing the company to establish operations as SmarTone Mobile Communications () Limited. It launched GSM-based services in August 2001, operating on standard 900 MHz and 1800 MHz bands, targeting both local residents and cross-border visitors from . By the mid-2000s, the network had expanded to cover key urban areas, though on a smaller scale than in due to Macau's compact geography and population of around 700,000. The services were terminated in 2019 as part of the global shift away from legacy networks. In July 2010, SmarTone introduced services using HSPA technology on the 2100 MHz band ( Band 1), enabling higher-speed data and multimedia capabilities tailored to Macau's tourism-driven economy. This rollout integrated seamlessly with Hong Kong's networks, emphasizing cross-border to support frequent travelers between the two regions, a key differentiator from purely local operators. The network achieved broad coverage across the , , and , but subscriber growth remained modest amid competition from dominant players like CTM and Hutchison. SmarTone advanced to 4G in November 2015, deploying on the 1800 MHz band (LTE Band 3) with support for both FDD and TDD modes, offering download speeds up to 150 Mbps. By 2019, the network provided over 99% population coverage, focusing on high-traffic areas such as tourist districts and casinos to accommodate data-intensive uses like video streaming and . Unlike its more comprehensive deployments in —where spectrum sharing and urban densification enabled advanced standalone networks—SmarTone did not introduce services in Macau, citing the smaller market size and regulatory constraints on allocation. The company maintained a low , estimated below 10% in recent years, with no significant presence in fixed services, prioritizing mobile-only offerings. Operations were regulated by the Direcção dos Serviços de Correios e Telecomunicações (DSRT), which oversaw licensing and spectrum management in a market characterized by limited available frequencies compared to Hong Kong's denser allocations. SmarTone's Macau license for 4G was renewed in 2022 alongside those of other operators, but the company faced ongoing challenges in scaling due to the territory's saturated market and emphasis on tourism rather than residential broadband. In August 2024, SmarTone announced its withdrawal from for business considerations, ceasing all mobile services at midnight on November 11, 2024. Under an agreement with CTM, existing customers were transitioned to the local operator for the remainder of their contracts, ensuring service continuity without major disruptions. This exit marked the end of over two decades of operations, leaving with three primary mobile providers and highlighting the difficulties of sustaining a niche player in a compact, competitive environment distinct from Hong Kong's larger, more diversified telecom landscape.

References

  1. [1]
    About SmarTone
    SmarTone is a leading mobile communications provider in Hong Kong, offering territory-wide and superior 5G services, which are instrumental in driving the ...
  2. [2]
    SMARTONE TELE (0315.HK) Company Profile & Facts
    SmarTone Telecommunications Holdings Limited, an investment holding company, provides telecommunication services in Hong Kong.
  3. [3]
    5G Mobile Service Plans in HK | Exclusive Offers - SmarTone
    SmarTone provide the best 5G mobile service plans in Hong Kong. Enjoy fast, stable, and smooth network experience with exclusive offers. Join now!
  4. [4]
    Prepaid SIM/Data Cards | No Contract Mobile Service - SmarTone
    SmarTone's prepaid SIM and data cards, offering smooth and stable mobile service with straightforward charges and no contracts. Shop now.
  5. [5]
    Home 5G Broadband Plan in Hong Kong - SmarTone
    Experience ultra-fast 5G WiFi at home with SmarTone's Home 5G Broadband Plan in Hong Kong. Enjoy seamless connection without installation fuss.
  6. [6]
    SmarTone Telecommunications Holdings Ltd Locations - GlobalData
    Country. Hong Kong ; Address. 31/F, Millennium City 2, 378 Kwun Tong Road, Kowloon, Hong Kong ; Phone Number. 852 31282828 ; Website. www.smartoneholdings.com ...<|control11|><|separator|>
  7. [7]
    SmarTone: 5G Services Fastest Coverage in Hong Kong
    Manager your bills, queue remotely, rent powerbanks and get exclusive offers for FREE on SmarTone CARE App. Save time and effort on all things SmarTone! Caring ...My Account · Prepaid Cards · 5G Service Plans · Online Enquiry - Contact Us
  8. [8]
    [PDF] Annual Report - HKEXnews
    Sep 3, 2025 · The consolidated financial statements of SmarTone Telecommunications Holdings Limited (the “Company”) and its ... as of 30 June 2025 will be ...
  9. [9]
    Consumer spending and investment-led growth in Hong Kong's ...
    Jun 25, 2025 · SmarTone has grown its mobile user base to about 2.87 million, with approximately 40 percent of those on 5G. The operator has prioritized ...<|separator|>
  10. [10]
    Strategic Planning for Hong Kong Telecom Industry Industry ...
    Rating 4.8 (1,980) May 4, 2025 · Market Share: HKT (35%), China Mobile Hong Kong (25%), SmarTone (15%), Others (25%) (approximate estimations). Growth: Projected 5% CAGR over ...
  11. [11]
    SmarTone Telecommunications Holdings Limited: Shareholders ...
    Major shareholders: SmarTone Telecommunications Holdings Limited ; Yu Lun Fung. 0.0397 %. 437,359, 0.0397 % ; Mercer Global Investments Europe Ltd. 0.0155 %.
  12. [12]
    SHKP seals Smartone takeover as BT sells out
    Dec 31, 2002 · BT paid HK$3 billion for a 20 per cent stake in Smartone in April 1999, at HK$25 per share.Missing: date | Show results with:date
  13. [13]
    [PDF] Annual Report 2022/2023
    SmarTone Telecommunications Holdings Limited (0315.HK), listed in Hong Kong since 1996 and a subsidiary of Sun Hung Kai Properties Limited, is a leading ...
  14. [14]
    Board & Management
    SmarTone Telecommunications Holdings Limited (Incorporated in Bermuda with limited liability). ... Scan the QR code and view our official account right away.Missing: website | Show results with:website
  15. [15]
    SmarTone Telecommunications Holdings Ltd: Executives - GlobalData
    Mr. Allen Fung Yuk-lun has been the Deputy Chairman of the company since 2020. Prior to this, he served as the managing partner of McKinsey Hong Kong ...
  16. [16]
    Audit Committee - Corporate Governance - Board & Management
    The Audit Committee ensures compliance with financial reporting, reviews financial control, and recommends external auditor appointment and remuneration.
  17. [17]
    Remuneration committee - Corporate Governance
    The Remuneration Committee is responsible for formulating and recommending to the Board the remuneration policy for all Directors and members of senior ...
  18. [18]
    [PDF] Minutes of the 31st SSAC Meeting
    Jan 3, 2025 · Representative of SmarTone Mobile Communications. Limited / SmarTone Communications Limited. Mr K H Lau. Representative of Civil Aviation ...
  19. [19]
    SmarTone pulls out of Macau - Telecoms
    Aug 23, 2024 · SmarTone is pulling the plug on its mobile operations in Macau for reasons unknown, although it seems it was simply unable to build any scale in the market.
  20. [20]
    SmarTone Telecommunications Holdings Ownership - Simply Wall St
    Top Shareholders. Top 25 shareholders own 78.16% of the company. Sun Hung Kai Properties Limited. 73.2%. Shares, 806,362,555. Value, US$437.6m. Change %, 0 ...Missing: percentage | Show results with:percentage
  21. [21]
    SmarTone HK - Powertec Information Portal
    The company is a subsidiary of Sun Hung Kai Properties Limited, one of the largest property companies in Hong Kong. SmarTone began operations in March 1993 ...Missing: ownership | Show results with:ownership
  22. [22]
    SmarTone - Wikipedia
    a leading telecommunications provider with operating subsidiaries in Hong Kong, offering voice, multimedia and mobile broadband services, as well as fixed ...
  23. [23]
    Telecommunications in Hong Kong SAR - ITU
    By 1987, three licences for analogue mobile services had been issued. In 1992, SmarTone obtained the fourth licence and began offering a digital GSM service.Missing: carrier | Show results with:carrier
  24. [24]
    HONG KONG STILL DRIVING WIRELESS INNOVATION
    Nov 16, 1998 · Hong Kong can claim a number of firsts. In March 1993, SmarTone became the first in Asia to introduce a state-of-the-art GSM network.
  25. [25]
    Telecommunications regulation in Hong Kong - Emerald
    In 1992, SmarTone obtained the fourth licence and immediately began offering digital GSM service. In 1996, OFTA issued another six licences for PCS service ...
  26. [26]
    News Release - SmarTone
    Jul 18, 2003 · We were the first operator to launch GSM mobile services in Asia in 1993 and the first in Hong Kong to introduce automatic international roaming ...
  27. [27]
    Mobile phone firms face stiff fight | South China Morning Post
    Published: 12:00am, 27 Oct 1996. AFTER ... Despite SmarTone's high profile publicity ... It has signed up more than 100,000 subscribers alone this year.
  28. [28]
    [PDF] December 1997 - New tech observations from the UK (ntouk)
    First launched by Hong Kong Telecom in 1996. Hutchinson Telecom and Smartone now also offer cards. The prepaid cards give between 45 minutes and 4 hours of ...
  29. [29]
    About SMARTONE TELECOMMUNICATIONS HLDGS Company
    Symbol. STTFF ; Company Name. SMARTONE TELECOMMUNICATIONS HLDGS ; Listing Date. Oct 31, 1996 ; ISIN. US83170W1099 ; Founded. 1992.
  30. [30]
    SmarTone dimisses threat from six new competitors
    Oct 22, 1996 · The SmarTone initial public offering (IPO) will be the first opportunity for local investors to buy into a specialist cellular phone company.
  31. [31]
  32. [32]
    SmarTone announces plans for 3G launch in Hong Kong - China Daily
    Jan 7, 2004 · SmarTone announces plans for 3G launch in Hong Kong ... SmarTone is among four Hong Kong mobile phone companies licensed to provide 3G services.
  33. [33]
    SmarTone poised to serve Macau - South China Morning Post
    Nov 23, 2000 · SmarTone Telecommunications is set to take up a 60 per cent stake in its recently awarded Macau mobile licence, according to Merrill Lynch.
  34. [34]
    SmarTone launches 3G operation in Macau
    Jul 6, 2010 · Macau's Bureau of Telecommunications Regulation awarded SmarTone the territory's fourth 3G licence in September last year. The competitors ...Missing: history 2000-2009 entry
  35. [35]
    SmarTone rolls out 'in' service - South China Morning Post
    Dec 11, 2002 · SmarTone Telecommunications has launched a multi-media service at a price it says is comparable to that of the major Japanese operators.
  36. [36]
    [PDF] SmarTone signs Partner Network Agreement with Vodafone
    Dec 15, 2004 · (Hong Kong, 15 December 2004) SmarTone today announced that they have signed a new. Partner Network agreement with Vodafone, making SmarTone ...Missing: 2004-2006 | Show results with:2004-2006
  37. [37]
    [PDF] SmarTone Telecommunications Holdings Limited
    Sep 5, 2005 · Amidst fierce competition, total customer base decreased slightly to 1,011,000 as of 30 June 2005. Churn rate also increased marginally to.
  38. [38]
    SmarTone slashes roaming fees | South China Morning Post
    Jun 4, 2002 · SmarTone Telecommunications Holdings has cut its international roaming charges by as much as 77 per cent in a bid to lure mobile phone users ...
  39. [39]
    [PDF] Annual Report - HKEXnews
    Sep 2, 2009 · I am pleased to report the results of the Group for the year ended 30 June 2009. Financial Highlights. Total revenue declined by 9% to $3,703 ...
  40. [40]
    [PDF] SmarTone Announces the Launch of its 4G Network (Hong Kong, 25 ...
    (Hong Kong, 25 July 2012) – SmarTone has today announced it will launch a territory-wide. 4G LTE network in the 1800MHz spectrum on 28 August 2012.
  41. [41]
    [PDF] SmarTone will commence 4G LTE coverage in MTR starting Monday ...
    ... 2012) SmarTone announced today that its 4G LTE network will commence coverage of the first MTR station at Admiralty on Monday, 15 October, 2012.Missing: license 2014 2016
  42. [42]
    SmarTone deploying 4G at two new HK rail lines - Retail News Asia
    Oct 24, 2016 · Hong Kong mobile operator SmarTone is extending its 4G coverage to two new MTR rail network extensions. The operator announced it ...
  43. [43]
    5G regulation and law in Hong Kong | CMS Expert Guides
    Mar 4, 2025 · On 13 December 2019, OFCA announced that spectrum in the 3.3 GHz band was awarded to Hutchison Telephone Company Limited, HKT, SmarTone Mobile ...
  44. [44]
    Offer of spectrum assignments in 26 GHz and 28 GHz bands for ...
    Mar 26, 2019 · "The spectrum can be used from April 2019 onwards for deployment of 5G services to provide high-capacity transmission at both outdoor and indoor ...
  45. [45]
    SmarTone launches its Hong Kong 5G services - Marketing-Interactive
    May 27, 2020 · One such monthly service plan priced at HK$398 provides 80GB of 5G local data and allows customers to upgrade to unlimited 5G data. Customers ...
  46. [46]
    SmarTone launches 5G with 70% population coverage
    The launch follows HKT, 3 Hong Kong and China Mobile Hong Kong introducing 5G services on 1 April, the day the regulator released 3.5GHz ...
  47. [47]
    SmarTone's Macau operation returns to profit in H1
    Sep 3, 2015 · SmarTone told the Hong Kong Stock Exchange that its first-half revenue in Macau had grown by nearly 14 per cent to HK$858.15 million. The ...
  48. [48]
    SmarTone Macau says 4G services ready by November
    Sep 24, 2015 · The company plans to launch its fourth-generation (4G) wireless telecommunications service by November, by which time full outdoors service coverage will be ...Missing: press | Show results with:press
  49. [49]
    SmarTone - Macao - Wireless Frequency Bands and Device ...
    Coverage: SmarTone boasts extensive 4G network coverage across Macau ... 4G: The 4G service was launched in November 2015, providing high-speed mobile data ...Missing: ownership 2017
  50. [50]
    [PDF] SmarTone core business remains resilient in 2020 despite ...
    Sep 2, 2020 · The number of subscribers increased by 6% to 2.7 million, with postpaid churn rate improved to an industry-low of 0.7% due to SmarTone's ...Missing: remote work 2020-2021 2023
  51. [51]
    [PDF] Service revenue recorded a 3% growth exc
    Feb 22, 2024 · • Mobile postpaid ARPU increased 1% to $224; Customer number grew 1% to. 2.65 million; 5G penetration reached 38% as of December 2023.
  52. [52]
    Environmental Protection - Environmental, Social & Governance
    These upgrades demonstrate SmarTone's commitment to implementing sustainable technologies that reduce our environmental footprint. All these measures will ...Missing: goals | Show results with:goals
  53. [53]
    International Roaming - SmarTone
    SmarTone offers you a range of services to cater to your needs when you are abroad. All are ready-to-use, no activation required.Multi-Day Roaming Data Pack · Roaming Coverage & Charges · Roaming Academy
  54. [54]
    Data Roaming Day Pass & Multi-Day Packs - SmarTone
    Roaming data usage will be charged at the rate of “Data Roaming Day Pass”, which is $88 (APAC & In-Flight Roaming) / $148 (Worldwide).Missing: milestones million 2005
  55. [55]
    Mobile Phone, Android Smartphone and Tablet Offers - SmarTone
    Explore SmarTone's wide selection of the latest mobile devices including Apple, Samsung, and Android smartphones and tablets. Shop now!
  56. [56]
    Trade-in Service - SmarTone
    Enjoy a professional Trade-in Service and a more caring service when purchasing new smartphones at SmarTone stores. $300 “Trade-in Rebate”^.
  57. [57]
    [PDF] SMARTONE TELECOMMUNICATIONS HOLDINGS LIMITED
    Sep 3, 2025 · In the year FY2024-25, SmarTone delivered a resilient set of results, reporting a profit attributable to equity holders of $478 million ...
  58. [58]
    Home Broadband & Fixed Line Services | SmarTone Fibre Broadband
    SmarTone Fibre Broadband provides an Ultra-fast, Reliable and Stable fibre broadband services at a competitive price. Click to learn more!
  59. [59]
    SmarTone takes on HKT with 5G home broadband - Light Reading
    The new service will be priced at HK$148 ($19.10) – half the standard HK$298 ($38.45) price charged by HKT. Fung said the new service offered one source of ...
  60. [60]
    [PDF] SmarTone Delivers a Resilient Performance with Continuous ...
    Sep 3, 2025 · Core service revenue, post-paid ARPU and 5G penetration held broadly stable, while our growth engines, notably – 5G Home Broadband, delivered ...
  61. [61]
    [PDF] FY25 Annual Results Presentation For the year ended 30 June 2025
    Sep 3, 2025 · Statements contained in these materials which are not historical facts, including statements about the beliefs and expectations of SmarTone ...Missing: report | Show results with:report
  62. [62]
    SmarTone Solutions: Digital Transformation|Cybersecurity ...
    SmarTone Solutions offers a wide range of business solutions from digital transformation, customer engagement, cybersecurity and many more.Missing: IoT | Show results with:IoT
  63. [63]
    Enterprise Cybersecurity Solutions | SmarTone Solutions
    SmarTone's cybersecurity solutions like risk management, endpoint detection, training, and firewalls safeguard businesses from cyberattacks, ...Missing: IoT | Show results with:IoT
  64. [64]
    001 IDD | International Voice Calls - SmarTone
    Connect globally with SmarTone's 001 IDD international voice call services. Enjoy convenient and reliable calling to stay in touch with loved ones overseas.Missing: financing insurance
  65. [65]
    Exclusively for Existing Customers - iPhone 13 Pro - SmarTone
    Enjoy the “iPhone for Life” plan – get the new handset burden-free by instalment with no interest or handling fees! Applicable to a new customer subscribing to ...Missing: financing insurance bundles
  66. [66]
    SmarTone Screen Replace™ - Caring Services
    We will reimburse the cost of the designated smartphone screen + and/or its back cover, and wearable device front screen repair or replacement only. Please note ...Missing: financing | Show results with:financing
  67. [67]
    [PDF] SmarTone Delivers Resilient Interim Performance with Strong ...
    Feb 26, 2025 · The customer base grew by 8.5% to 2.87 million and 5G penetration reached 40%. • Roaming revenue registered a 6% growth, driven by increasing ...
  68. [68]
    Smart Property Management with IoT - SmarTone Solutions
    SmarTone Solutions enhances property management with 5G and IoT, improving operational efficiency and enhancing resident experience.
  69. [69]
    Cyberport, Ericsson, SmarTone and Unissoft Join Hands to Develop ...
    Aug 4, 2021 · Cyberport Incubation Programme Alumni, SmarTone, and Ericsson announced a partnership to build Hong Kong's first Multi-access Edge Computing (MEC) deployment ...
  70. [70]
    [PDF] 2023/2024 Annual Results Announcement
    Sep 3, 2024 · In December 2023, the Company was awarded the “Best 5G Mobile Network Operator” by the Communications Association of Hong Kong (CAHK).Missing: subscribers | Show results with:subscribers
  71. [71]
    SmarTone 2G service makes way for 5G - Mobile World Live
    Aug 15, 2022 · SmarTone received regulatory approval to shut down its 2G network in October as users migrate off its legacy infrastructure to 5G services.Missing: deployment history
  72. [72]
    [PDF] SmarTone to Terminate 2G Services on 14 October 2022
    (Hong Kong, 11 August 2022) SmarTone today announced that termination of its. 2G services will take place on 14 October 2022.Missing: history | Show results with:history
  73. [73]
    SmarTone to shut down 2G services on 14 October, reallocate ...
    Aug 11, 2022 · SmarTone to shut down 2G services on 14 October, reallocate spectrum for 4G, 5G services. Hong Kong operator SmarTone has announced plans to ...
  74. [74]
    Users of the Second / Third Generation Mobile (2G / 3G) Services ...
    Apr 25, 2025 · 2G/3G users are advised to upgrade as 2G/3G services are being phased out, and China Mobile will cease 3G services on June 30, 2025. Contact ...
  75. [75]
    SmarTone Mobile Hong Kong 5G - LTE frequency spectrum bands, 3G
    n5, n26, FDD 850 MHz. Validity period: 01.12.2021 - 01.12.2036. FDD uplink (814 - 849 MHz ). 7.5. 5.0. 825-832. 832.5-835.5. FDD downlink (859 - 894 MHz ).
  76. [76]
    SmarTone's 3G / 4G / 5G coverage map - Kowloon, Hong Kong ...
    Mobile coverage maps for other carriers. This map represents the coverage of SmarTone 2G, 3G, 4G and 5G mobile network in Kowloon, Hong Kong.
  77. [77]
    SmarTone SIM cards: Best 2025 Guide for Tourists - Hong Kong eSIM
    SmarTone offers reliable SIM card and eSIM solutions with high-speed connectivity, making it easy for tourists to stay online throughout their visit.
  78. [78]
    SmarTone joins Hong Kong's 5G party, promising full coverage in a ...
    May 26, 2020 · SmarTone has unveiled its 5G service in Hong Kong, eight weeks behind competitors, claiming to offer the 'widest' indoor and outdoor coverage.Missing: history | Show results with:history<|separator|>
  79. [79]
    [PDF] SmarTone Deploys Exclusive 850MHz 5G Frequency Band in MTR ...
    Aug 28, 2023 · SmarTone's 5G network now covers 99% of Hong Kong population and possesses the most low-band spectrums in Hong Kong^, resulting in stronger ...Missing: SA 2020-2025<|separator|>
  80. [80]
    Hong Kong: 5G boosts fixed wireless access and smart city ... - Omdia
    Aug 4, 2022 · SmarTone reported a 99% 5G network population coverage in Hong Kong at the end of February 2022, including along all Mass Transit Railway (MTR) ...<|control11|><|separator|>
  81. [81]
    HKBN Provides Next-Generation All-Fibre Backhaul to SmarTone ...
    Apr 1, 2020 · We are proud to announce our collaboration with SmarTone for the use of our next-generation all-fibre backhaul for its advanced 5G network.Missing: fixed FWA
  82. [82]
    [PDF] 26 February 2025 - SmarTone Telecommunications Holdings Limited
    Feb 26, 2025 · • With years of investment, the 5G Home Broadband and Enterprise Solutions businesses have become our growth engines, diversifying us from ...
  83. [83]
    SmarTone & Ericsson Conduct FDD Massive MIMO Trials in Hong ...
    Nov 1, 2017 · Massive MIMO on FDD yields a multi-fold increase of network capacity and increase user throughput by up to five times, boosting performance for ...Missing: investments capex
  84. [84]
    SmarTone, Ericsson trial FDD Massive MIMO in HK
    Oct 30, 2017 · After the trial is completed early in 2018, the operator plans to upgrade its entire network with Massive MIMO within 24 months, starting in the ...Missing: investments capex
  85. [85]
    Hong Kong Getting Ready for 5G with Spectrum Auctions Conclusion
    Jan 12, 2020 · Hong Kong completed the last of three 5G spectrum auctions, with operators spending a combined HKD665.1 million ($85 million) on 100MHz of 3.3GHz airwaves.Missing: urban densification<|control11|><|separator|>
  86. [86]
    U.S.-Macau Policy Act Report - state.gov
    In October 2000, the government issued two new mobile telephone operators licenses to Hutchison and SmarTone, breaking the historic monopoly enjoyed by CTM ( ...
  87. [87]
    SmarTone announces exit from Macau market - DCD
    Aug 23, 2024 · Telco SmarTone has announced its sudden departure from Macau's mobile market. The company confirmed that it has reached an agreement with another telco, CTM.
  88. [88]
    SmarTone launches 4G service - Macau Business
    Nov 12, 2015 · Companhia de Telecomunicações de Macau SARL (CTM) launched its 4G service on October 20 while China Telecom (Macau) Company Ltd. will launch ...Missing: 5G | Show results with:5G
  89. [89]
  90. [90]
    All Regulations Concerned - Telecom - 郵電局
    The license no. 3/2015 of «Smartone – Mobile Communications (Macau), Limited» to install and operate a public land mobile telecommunications network and provide ...Missing: oversight OFCA
  91. [91]
    3G and 4G licences renewed for four operators - Macao News
    Jul 26, 2022 · The Macao government has recently renewed 3G and 4G licences for the city's four operators, comprising of CTM, Smartone, Hutchison and China Telecom (Macau).<|control11|><|separator|>
  92. [92]
    SmarTone Macau
    Important Customer Notice. SmarTone Macau ("SmarTone") will cease providing mobile communication services in Macau at 24:00 on November 11, 2024.<|separator|>
  93. [93]
    SmarTone to cease operations in Macau, CTM to take over
    Aug 22, 2024 · The statement said that SmarTone's decision was made after its “business consideration”, adding that SmarTone has reached an agreement with CTM ...