Quote | Super Quote
Super Quote   |   Detail Quote   |   Interactive Chart   |   Transaction   |   Related News   |   Related Securities   |   Company Information   |   Dividend Records   |   Short Sell
00315 SMARTONE TELE
RTNominal up4.100 +0.030 (+0.737%)
Others

13/10/2017 10:37

[I-bank focus]SmarTone claims number portability winner

[ET Net News Agency, 13 October 2017] HSBC Global Research has recently hosted SmarTone
Telecommunications (00315) management for two days of investor meetings in London.
It noted that the main point of investor concern related to price cuts dating from
September. SmarTone management said it has been the main number portability winner over
the past nine months.
SmarTone is expanding its enterprise service areas, with a particular focus on
construction, transportation, real estate and logistics. It is open to partnering to roll
out an NB-IOT platform. It is looking to develop partnerships in these areas, as well as
work more closely with its parent company.
While there is strong demand for iPhone X, supply is uncertain, and there is
correspondingly less interest in the iPhone 8. Neither handset looks likely to drive
the type of volume that has resulted in windfall gains for SmarTone previously.
Meanwhile, the first auction to renew the 900/1800MHz spectrum is likely at end 2018.
Prices have yet to be fixed, and the roadmap for allocation of new spectrum is still
uncertain. HSBC said SmarTone has a strong balance sheet and can borrow to acquire
spectrum, but a new instalment programme to pay for spectrum should reduce the need for
this.
The research house remains concerned about potential high spectrum costs as a result of
both government pricing and new entrants bidding for the spectrum. HSBC maintained its
"hold" rating and HK$10.4 target price. (KL)

Remark: Real time quote last updated: 17/09/2024 17:59
  Real-time basic market prices of Hong Kong securities are provided by HKEx; a Designated Website authorized by the HKEx Group to provide the Service
A Member of HKET Holdings
Customer Service Hotline:(852) 2880 7004     Customer Service Email:cs@etnet.com.hk
Copyright 2024 ET Net Limited. http://www.etnet.com.hk ET Net Limited, HKEx Information Services Limited, its Holding Companies and/or any Subsidiaries of such holding companies, and Third Party Information Providers endeavour to ensure the availability, completeness, timeliness, accuracy and reliability of the information provided but do not guarantee its availability, completeness, timeliness, accuracy or reliability and accept no liability (whether in tort or contract or otherwise) any loss or damage arising directly or indirectly from any inaccuracies, interruption, incompleteness, delay, omissions, or any decision made or action taken by you or any third party in reliance upon the information provided. The quotes, charts, commentaries and buy/sell ratings on this website should be used as references only with your own discretion. ET Net Limited is not soliciting any subscriber or site visitor to execute any trade. Any trades executed following the commentaries and buy/sell ratings on this website are taken at your own risk for your own account.