Hong Kong Telecommunications Q4 2019
Key View :
While the Hong Kong telecoms market is highly advanced, it is also highly saturated, with mobile penetration exceeding300% in Q119. Operators are turning towards bundling and convergence strategies to drive their growth, with fibre services being ofkey importance. This suggests that mobile only players could struggle, and must price their services low to remain competitive. Thefocus will also be on selling data-oriented services and the migration of 3G subscribers to 4G for growth. Internet of Things and 5Gwill be potential sources of revenue in the future, but this will likely only be realised over a longer time horizon. The wireline voicesegment will continue to see steady declines as consumers opt for mobile services.
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