Hong Kong Telecoms, Mobile and Broadband Market Report 2024 - Hong Kong's MNOs Making Use of Recently Auctioned 5G-suitable Spectrum [Yahoo! Finance]
HKT TRUST AND HK UNSP/ADR (HKTTY)
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Source: Yahoo! Finance
Hong Kong telecom sector has capitalised on having a liberalised regulatory environment, high-density housing spread across a small geographical area, and a strategic location at the southern tip of China. The territory lies near the top of world rankings for several parameters, including fibre broadband penetration, 5G use, and mobile penetration. Fixed-line teledensity is above 50%, declined 4% in 2022 as consumers continued to transition to mobile and IP platforms. Darker skies may be forming on the horizon, however. As China tightens its grip on the sovereignty of the territory and imposes political, commercial, and social restrictions that were absent during the British Colonial era, Hong Kong is starting to see its potency as a regional force being eaten away by countries such as Singapore which now offer much greater freedom to operate. Concerns over national security prompted the US Departments of Justice, Homeland Security, and Defense to prevent the branch line of the n
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