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MarketScreener Homepage  >  Equities  >  Hong Kong Stock Exchange  >  CK Hutchison Holdings Limited    1   KYG217651051

CK HUTCHISON HOLDINGS LIMITED

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CK Hutchison : Three Group to tackle excessive and irrelevant mobile ads

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02/19/2016 | 02:17am EDT

Three Group to tackle excessive and irrelevant mobile ads


(19 February 2016, London, UK) Three UK and Three Italy have successfully collaborated with Shine Technologies on implementing Shine's ad blocking technologies in their networks. This will enable rapid roll-out of the technology to all other Three Group operators.

Network-based ad-blocking is a more powerful and effective solution for customers than application-based technologies as it reaches a broader range of mobile advertising.

Our objective in working with Shine is not to eliminate mobile advertising, which is often interesting and beneficial to our customers, but to give customers more control, choice and greater transparency over what they receive.

Our three principal goals in deploying ad blocking capability will be:

  1. That customers should not pay data charges to receive adverts. These should be costs borne by the advertiser.

  2. That customers' privacy and security must be fully protected. Some advertisers use mobile ads to extract and exploit data about customers without their knowledge or consent.

  3. That customers should be entitled to receive advertising that is relevant and interesting to them, and not to have their data experience in mobile degraded by excessive, intrusive, unwanted or irrelevant adverts.

Over the coming months Three will announce full details of how it will achieve these objectives and will work with Shine Technologies and the advertising community to deliver a better, more targeted and more transparent mobile ad experience to customers.

Tom Malleschitz, Chief Marketing Officer, Three UK, said: 'Irrelevant and excessive mobile ads annoy customers and affect their overall network experience. We don't believe customers should have to pay for data usage driven by mobile ads. The industry has to work together to give customers mobile ads they want and benefit from.

These goals will give customers choice and significantly improve their ad experience.'


For further information contact:

Three UK Press Office
Tel: + 44 (07) 454 959 715
Email: three@mww.com

CK Hutchison Holdings Limited issued this content on 19 February 2016 and is solely responsible for the information contained herein. Distributed by Public, unedited and unaltered, on 19 February 2016 07:16:05 UTC

Original Document: http://www.ckh.com.hk/en/media/press_each.php?id=3098

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Financials (HKD)
Sales 2020 377 B
EBIT 2020 44 870 M
Net income 2020 35 974 M
Debt 2020 200 B
Yield 2020 5,94%
P/E ratio 2020 5,42x
P/E ratio 2021 4,72x
EV / Sales2020 1,06x
EV / Sales2021 0,87x
Capitalization 198 B
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Mean consensus BUY
Number of Analysts 11
Average target price 78,37  HKD
Last Close Price 51,45  HKD
Spread / Highest target 76,9%
Spread / Average Target 52,3%
Spread / Lowest Target 22,4%
EPS Revisions
Managers
NameTitle
Tzar Kuoi Li Chairman & Group Co-Managing Director
Kin Ning Fok Group Co-Managing Director & Executive Director
Frank John Sixt Executive Director & Group Finance Director
Hing Lam Kam Executive Director & Deputy Managing Director
Tak Chuen Ip Executive Director & Deputy Managing Director
Sector and Competitors
1st jan.Capitalization (M$)
CK HUTCHISON HOLDINGS LIMITED0.32%26 317
HAL TRUST-23.19%10 227
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KINNEVIK-29.28%4 505
JEFFERIES FINANCIAL GROUP-32.90%3 974