CITIC Telecom International Holdings Ltd
HKEX:1883
CITIC Telecom International Holdings Ltd
CITIC Telecom International Holdings Ltd. stands as a dynamic force in the telecommunications landscape, weaving a complex narrative of connectivity across continents. Nestled under the vast umbrella of the Chinese state-owned CITIC Group, the company has carved out a niche in providing a comprehensive range of telecommunications services. With a focus on the voice, mobile, and data markets, it plays a crucial intermediary role by linking operators, enterprises, and the burgeoning global community. Leveraging its robust infrastructure, CITIC Telecom operates in both its home market of Hong Kong and internationally, offering services such as international voice hubbing, data connectivity, and Internet-based communication solutions. These core activities are further supported by an ever-expanding suite of enterprise services aimed at enhancing business communication solutions, enabling the company to anchor its operations in diverse revenue streams.
The financial backbone of CITIC Telecom is built upon its ability to cater to an increasingly interconnected world, capitalizing on the rising demand for seamless communication across borders. The company makes money primarily through wholesale services, where it acts as a conduit for international voice traffic between telecom operators. Additionally, it has a significant presence in the mobile virtual network operator (MVNO) sector, tapping into mobile services while circumventing the heavy costs associated with maintaining a physical network. Another critical facet is its foray into enterprise solutions, where it provides data center services and integrated telecom solutions, priding itself on innovation and technological advancement. By intertwining traditional telecom services with high-value IT and cloud offerings, CITIC Telecom not only captures a broad array of clients but also fortifies its position in a competitive global market, constantly adapting to the evolving digital landscape.
CITIC Telecom International Holdings Ltd. stands as a dynamic force in the telecommunications landscape, weaving a complex narrative of connectivity across continents. Nestled under the vast umbrella of the Chinese state-owned CITIC Group, the company has carved out a niche in providing a comprehensive range of telecommunications services. With a focus on the voice, mobile, and data markets, it plays a crucial intermediary role by linking operators, enterprises, and the burgeoning global community. Leveraging its robust infrastructure, CITIC Telecom operates in both its home market of Hong Kong and internationally, offering services such as international voice hubbing, data connectivity, and Internet-based communication solutions. These core activities are further supported by an ever-expanding suite of enterprise services aimed at enhancing business communication solutions, enabling the company to anchor its operations in diverse revenue streams.
The financial backbone of CITIC Telecom is built upon its ability to cater to an increasingly interconnected world, capitalizing on the rising demand for seamless communication across borders. The company makes money primarily through wholesale services, where it acts as a conduit for international voice traffic between telecom operators. Additionally, it has a significant presence in the mobile virtual network operator (MVNO) sector, tapping into mobile services while circumventing the heavy costs associated with maintaining a physical network. Another critical facet is its foray into enterprise solutions, where it provides data center services and integrated telecom solutions, priding itself on innovation and technological advancement. By intertwining traditional telecom services with high-value IT and cloud offerings, CITIC Telecom not only captures a broad array of clients but also fortifies its position in a competitive global market, constantly adapting to the evolving digital landscape.
Revenue: CITIC Telecom reported first half 2025 revenue of HKD 4.807 billion, down 1.7% year-on-year, but the decline has narrowed compared to last year.
Profit: Profit attributable to equity holders was HKD 461 million, up 1.3% from the previous year.
Dividends: Interim dividend was maintained at HKD 0.06 per share, unchanged from the first half of 2024.
Debt and Gearing: Net debt fell significantly to HKD 1.738 billion, with the net gearing ratio dropping to 14% from 18% at the end of last year.
5G Leadership: CTM maintained #1 market position in Macau, reaching 800,000 5G users and nearly 100% penetration.
Enterprise Solutions: Revenue from this segment dropped by 15.2% due to project completions, especially in Singapore.
AI & Innovation: Significant advances in AI-powered products and digital transformation, including new launches and global awards.
CapEx: First half 2025 CapEx was HKD 127 million, primarily on 5G, data centers, and network upgrades, with future increases expected in AI-related investments.
