3Macau increases data entitlement for 4G customers

3Macau customers will see an incremental increase of 57 per cent in their data plans if they hold a MOP328 (US$41) monthly plan – a rise from total data equating to 3.5 up to 5.5 GB. Customers with a MOP198 plan will see the second largest incremental increase, with a 50 per cent rise and customers with the MOP498 plan will see a 15 per cent rise from their original 7.5 GB allotment, 3Macau announced yesterday. In addition, the service is launching an ‘unlimited data plan’ for roaming data usage in Hong Kong, effective today. The telecommunications provider boasted a 95 per cent coverage of outdoor areas, which will “continue to be optimised”, said Mr. Ho Wai-ming, CEO of 3Macau. “We continue to advance our 4G network,” said Mr. Ho when asked about new projects for the upcoming year, explaining that 3Macau “continue to expand our coverage; right now we are targeting 99 per cent outdoor coverage and we continue to expand our indoor coverage as well.” With regard to the first quarter results so far, Mr. Ho said he was quite satisfied, but when queried if he knew the amount of market share in Macau the CEO said “of course I do but it’s just not convenient for me to disclose it at this moment.” Consolidated revenue for the company, listed on the Hong Kong Stock Exchange, totalled HK$22 billion (US$2.84 billion) in 2015, a 35 per cent increase from the previous year. Of this, mobile business total revenue was HK$18.4 billion, a 46 per cent increase from 2014, with HK$14.3 billion of this from mobile hardware revenue. Total profit for the group was HK$1.07 billion in 2015. Total revenue from customers in Macau was HK$1.13 billion.