Summary by Moomoo AI
In 2024, Hong Kong Telecom achieved total revenue of 34.753 billion HKD, a year-on-year increase of 1%; EBITDA rose by 3% to 13.743 billion HKD; adjusted cash flow was 5.973 billion HKD. The Board of Directors proposed a final dividend of 45.88 cents per share, along with an interim dividend of 32.92 cents, making a total annual distribution of 78.80 cents.The group's telecommunications business is developing steadily, with mobile communications revenue growing by 3% to 17.35 billion HKD, and the 5G customer base reaching 1.747 million. In the broadband business, FTTH users reached 1.04 million, and enterprise solution business revenue grew by 2% to 11.484 billion HKD. The Now TV business continues to optimize content and services, and the number of The Club memberships increased to 4.01 million.Looking to the future, the group will continue to invest in network upgrades, including the deployment of 2.5G to 50G PON technology and 800G AI Superhighway, while enhancing 5G network coverage. At the same time, the group will deepen AI applications, optimize customer service experience, and drive digital transformation to consolidate its market leadership.
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