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Hutchison Telecomm Hong Kong (HTHKY)

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Last Post: 2/25/2014 4:10:52 PM - Followers: 0 - Board type: Free - Posts Today: 0

Hutchison is the AT&T of Hong Kong -- that nation's second-largest cellular provider and one of the longest-standing telecom firms in this arena. According to the latest numbers, Hutchison's "3 Hong Kong" cellular brand controls over 23% of the phone-friendly market here. That equates to 3.37 million users, a number that has been steadily growing with the Hong Kong market, up 13.5% over the past two years. The company also services Hong Kong's fixed line sector -- which kicks in a solid 30% of the company's revenues. This market plus a mobile phone sector where each user owns 2.3 phones has kept Hutchison's bottom line growing steadily.
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