Hong Kong Telecommunications Report Q3 2014 - New Study Released

Hong Kong's telecoms sector is expected to be driven by data usage in the next few years. The Hong Kong government is actively promoting the territory as a regional hub for data centres, and BMI believes Hong Kong has the right characteristics to attract data centre investments, given its safe business environment, reliable power supply and highly educated workforce. Telecoms operators benefit from the usage of their network infrastructure when demand for data centres increase. For the mobile sector, operators are looking to upgrade users to higher value 3G/4G service plans to offset the loss of voice and SMS revenues to free messaging applications.

Key Data

* Mobile subscriptions continued to grow despite the high penetration rate. We forecast 18.702mn mobile subscribers by the end of our five-year forecast in 2018, a 250.7% penetration rate.

Full Report Details at
- http://www.fastmr.com/prod/841269_hong_kong_telecommunications_report_q3_2014.aspx?afid=301

Based on full year data from the regulator for broadband subscribers, we forecast the number of broadband internet subscriptions to reach 2.587mn by 2018, a 34.7% penetration rate Risk/Reward Ratings

Hong Kong remains in fourth position in BMI's Asia Pacific Telecoms Risk/Reward Ratings with a telecoms rating score of62.7, slightly lower than the previous quarter.

Key Trends And Developments

In December 2013, Hong Kong Telecom (HKT) is to reacquire mobile network operator CSL in a USD2.245bn deal that would make the incumbent the clear leader in Hong Kong's highly competitive and saturated market and augment its ability to offer comprehensive converged fixed-mobile services to consumers and businesses. HKT's principal shareholder, PCCW Ltd, is expected to hold a market share of around 31% out of a total subscription base of 17.445mn post-acquisition. The deal was approved by the regulator Office of the Communications Authority (OFCA) in May 2014 on condition that the merged entity divests a total of 29.6MHz of their combined 3G spectrum, not by renewing the assignment of and not bidding for additional...

The Hong Kong Telecommunications Report features Business Monitor International (BMI)'s independent industry forecasts on the future strength of Hong Kong's ICT market, covering the fixed-line, mobile and internet segments and analyses latest regulatory developments and corporate news, including investment activity, mergers and acquisitions, joint ventures and partnerships. Leading operators and manufacturers are fully profiled, highlighting their quarterly financial performance, capital expenditure plans and latest contracts.

BMI's Hong Kong Telecommunications Report provides industry professionals and researchers, operators, equipment suppliers and vendors, corporate and financial services analysts and regulatory bodies with independent forecasts and competitive intelligence on the telecoms industry in Hong Kong.

Key Benefits

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