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Wireless

Hutchison Telecommunications sales down 19% in 2020 on dropping roaming revenue

Tuesday 2 March 2021 | 11:06 CET | News
Hutchison Telecommunications Hong Kong saw its total revenue, comprising service revenue and hardware revenue, decrease by 19 percent year-on-year to HKD 4.54 billion in 2020. Service revenue fell 9 percent to HKD 3.28 billion. The decline was mainly attributable to a 50 percent decrease in roaming service revenue as a result of the prolonged global travel restrictions amid the COVID-19 pandemic. Roaming service revenue accounted for 11 percent of the Group's service revenue, compared to 20 percent in 2019.

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Categories: Mobile & Wireless
Companies: Hutchison Telecommunications
Countries: Hong Kong / Macau
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