Hong Kong - SmarTone H1 revenues grow 52 percent to HKD 2.76 bln.

Hong Kong and Macau telecommunications firm SmarTone Telecommunications revenues for first half ending 31 December 2010 went up 52 percent to HKD 2.76 billion from HKD 1.81 billion during the same period last year. Service revenues increased to HKD 2.14 billion from HKD 1.66 billion. Data service revenue increased by 81 percent, and represents 46 percent of service revenue, driven by increasing customer adoption of data services with smartphones, mobile broadband including tablet computers, and wireless fixed broadband. Customer number increased by 17 percent to 1.44 million of which over 70 percent were postpaid. Average postpaid churn rate improved to 1.3 percent from 1.5 percent in …