SMARTONE TELE Reportedly Laid Off Approximately 30 Employees Last Friday, Including General and Assistant Managers
Employee Layoffs: SMARTONE TELE has laid off approximately 30 employees, primarily in mid-to-senior level positions, as reported by Hong Kong media.
Immediate Termination Notices: Affected employees received immediate termination notices last Friday afternoon from certain departments.
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HK OFCA Concludes Auction for 2.5/2.6 GHz Radio Spectrum Bands, Raising HKD202M Overall
Auction Results: Hong Kong's Office of the Communications Authority concluded an auction for 50 MHz of radio spectrum in the 2.5/2.6 GHz band, raising a total of HKD202 million from three mobile network operators.
Winning Bids: China Mobile secured frequency blocks for HKD40 million, Smartone Tele won blocks for HKD80 million, and a joint venture between HKT-SS and HutchTel HK acquired blocks for HKD82 million.
SMARTONE TELE Reportedly Laid Off Approximately 30 Employees Last Friday, Including General and Assistant Managers
Employee Layoffs: SMARTONE TELE has laid off approximately 30 employees, primarily in mid-to-senior level positions, as reported by Hong Kong media.
Immediate Termination Notices: Affected employees received immediate termination notices last Friday afternoon from certain departments.
SMARTONE TELE Reports 1.9% Increase in Annual NP to HKD479M; Final Dividend Remains Steady at HKD17.5 Cents
Annual Results Announcement: SMARTONE TELE (00315.HK) reported its annual results for the period ending June 2025, showing a net profit increase of 1.9% year-over-year to HKD479 million.
Earnings Per Share: The company's earnings per share (EPS) is reported at HKD43.5 cents.
HK OFCA Concludes Auction for 2.5/2.6 GHz Radio Spectrum Bands, Raising HKD202M Overall
Auction Results: Hong Kong's Office of the Communications Authority concluded an auction for 50 MHz of radio spectrum in the 2.5/2.6 GHz band, raising a total of HKD202 million from three mobile network operators.
Winning Bids: China Mobile secured frequency blocks for HKD40 million, Smartone Tele won blocks for HKD80 million, and a joint venture between HKT-SS and HutchTel HK acquired blocks for HKD82 million.
SMARTONE TELE Reportedly Laid Off Approximately 30 Employees Last Friday, Including General and Assistant Managers
Employee Layoffs: SMARTONE TELE has laid off approximately 30 employees, primarily in mid-to-senior level positions, as reported by Hong Kong media.
Immediate Termination Notices: Affected employees received immediate termination notices last Friday afternoon from certain departments.
SMARTONE TELE Reports 1.9% Increase in Annual NP to HKD479M; Final Dividend Remains Steady at HKD17.5 Cents
Annual Results Announcement: SMARTONE TELE (00315.HK) reported its annual results for the period ending June 2025, showing a net profit increase of 1.9% year-over-year to HKD479 million.
Earnings Per Share: The company's earnings per share (EPS) is reported at HKD43.5 cents.
