SmarTone’s full-year results published

1 Sep 2008

Hong Kong-based cellco SmarTone-Vodafone has reported its results for its financial year ended 30 June 2008, in which its mobile service revenues increased by 9% year-on-year to HKD3.433 billion (USD440 million). EBITDA for the twelve months rose by 16% to HKD1.088 billion and profit attributable to equity holders jumped by 75% to HKD276 million. Data revenue contributed 23.2% to overall mobile service turnover, up from 18.5% in fiscal 2007, with growth predominantly driven by the increasing adoption of multimedia services, which accounted for two-thirds of total data revenue. Blended monthly ARPU averaged for the twelve-month period increased by 5% to HKD237 and post-paid ARPU rose by 9% to HKD284. The post-paid churn rate reduced from 2.3% in June 2007 to 1.7% in June 2008. SmarTone’s total mobile customer base stood at 1.118 million at end-June 2008, up from 1.077 million a year earlier, with the 3G user base representing 47% of post-paid subscribers (up from 30%).

Hong Kong, SmarTone,


Subscribe to CommsUpdate to get the day’s top telecom headlines delivered to your email.

Subscribe to CommsUpdate

Browse Past Issues


Filter CommsUpdate by the following categories or use the search.


Visit our help page information on performing advanced searches, including how to restrict the results by country or company.


CommsUpdate is an outstanding advertising venue for companies seeking to reach:

  • International carriers
  • Wholesale service providers
  • Equipment and software vendors
  • Telecom investors
  • Regulators

Learn more about advertising on CommsUpdate.