Hong Kong Telecom Market Share

Market Share of Hong Kong Telecom Industry

The Hong Kong telecom market is moderately fragmented in nature. Some major players in the market include Hong Kong Broadband Network Limited (HKBN), Hong Kong Telecommunications (HKT) Limited, China Mobile Hong Kong Company Limited, SmarTone Telecommunications Holdings Limited, and Hutchison Telecommunications Hong Kong Holdings Limited. The market also hosts other Internet service providers (ISPs), MVNOs, and fixed-line service providers. Some telecommunication companies in the country are competitive internationally, and they hold strong ground in the global telecom space.

• In May 2022, HKT and PCCW announced that they were collaborating with Sandbox, becoming the first integrated communications, media, and technology company in Hong Kong. Through this collaboration, they want to establish the first virtual 5G mobile network and change the conventional film, TV, and music material into a Web3-enabled new kind of entertainment as part of their venture into the metaverse.
• In July 2022, 3 Hong Kong announced its partnership with Microsoft Hong Kong as part of its digital strategy. By way of this collaboration, 3 Hong Kong would use Microsoft's cloud-based technologies to quicken digital transformation. Furthermore, it is the first telecom operator to implement Microsoft's end-to-end Customer Insight platform and Artificial Intelligence (AI) to boost and improve customer satisfaction by delivering highly personalized customer service and a superior digital experience by thoroughly examining the needs of customers.

Hong Kong Telecom Market Leaders

1. Hong Kong Broadband Network Limited (HKBN)

2. Hong Kong Telecommunications (HKT) Limited

3. China Mobile Hong Kong Company Limited

4. SmarTone Telecommunications Holdings Limited

5. Hutchison Telecommunications Hong Kong Holdings Limited

*Disclaimer: Major Players sorted in no particular order