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SMARTONE TELECOMMUNICATIONS HOLDINGS LIMITED

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SmarTone Telecommunications : Unveils ‘5G LAB' to Showcase Hong Kong's World-class 5G Innovation and Solidify City Status as a Global 5G Leader

05/05/2021 | 01:19am EDT

SmarTone Unveils '5G LAB' to Showcase Hong Kong's World-class

5G Innovation and Solidify City Status as a Global 5G Leader

(Hong Kong, 4 May 2021) SmarTone today unveiled the 5G LAB, located at the iconic sky100 Observation Deck of the International Commerce Centre (ICC). The display features some of Hong Kong's newest 5G applications, as well as emerging applications globally. This LAB aspires to inform the public of the latest trends on 5G's development in Hong Kong, and how the 5G infrastructure will support Hong Kong's development as a Smart City and a digital hub.

Contrary to public perception, Hong Kong is, in fact, a leader in 5G development. Hong Kong now has the third highest 5G coverage in the world, behind only the Mainland and South Korea. Hong Kong is ahead of Singapore, Europe and the US in network deployment, but the success of 5G takes more than just a robust network; it requires an ecosystem-wide collaboration amongst universities, startups, industry-leading technology companies etc. The 5G LAB aims to bring these players together and further strengthen this ecosystem in Hong Kong.

5G as a Cornerstone for Hong Kong's I&T Future

"The launch of the 5G LAB echoes our brand value of 'building homes with hearts' and represents another step in SHKP's journey to leverage technology for smarter living. 5G is a critical infrastructure that will enable Hong Kong to become an international

innovation and technology hub, as outlined in the National 14th Five-YearPlan. 5G will also help Hong Kong's drive to become a Smart City and in its further integration with the Greater Bay," said Mr. Raymond Kwok, Chairman and Managing Director, Sun Hung Kai Properties Limited.

"SmarTone is proud to play a key role in building Hong Kong's digital infrastructure and enabling the city to become a global 5G leader. SmarTone has invested heavily in developing a world-class 5G network, in terms of speed, quality and coverage. This 5G LAB aspires to provide businesses and citizens with ideas and inspiration on how to leverage this infrastructure," said Mr. Allen Fung, Deputy Chairman and Executive Director, SmarTone.

Hong Kong's Fast-growing 5G Ecosystem

SmarTone is leveraging the government's strong support for 5G to build momentum for the ecosystem. The government's approach in releasing 5G spectrum quickly and at a fair price has significantly helped 5G development and investment. The Subsidy Scheme for Encouraging Early Deployment of 5G has been successful in encouraging public and private sectors in developing 5G-relatedapplications. SmarTone is working on several key 5G projects with different partner companies based on this scheme alone.

These measures lay the ground for even wider 5G adoption and mobile innovation. Using the 5G LAB as a key platform, SmarTone will lead industry collaboration by embarking on a vision to elevate daily lives with new 5G customer experiences, plus enhance enterprise services and operational efficiency with game-changing 5G applications.

5G is not "for the future"; it is here now. SmarTone 5G offers full coverage across Hong Kong, covering all MTR stations, key commercial buildings and shopping malls. SmarTone is the only operator in Hong Kong offering 5G coverage in the Tai Lam Tunnel, and it has also extended its outstanding 5G coverage to popular country parks, campsitesand hiking trails.

Interested visitors can explore the SmarTone 5G LAB by visiting http://5g.smartone.com/5GLabfor information on ticket offers.

###

5G innovative applications

Tai Lam Tunnel -

High-speed transmission of high-definition 4K videos and

Smart Safety Monitoring

visuals from tunnel areas to control room

Identification of jaywalkers, triggering real-time alerts

Safeguard road users, improve traffic safety and

operational efficiency

Other projects: such as managing construction sites and

wildfires

SmartWorks

An integrated smart construction management system

Smart devices on workers' helmets can be linked to

different on-site safety systems to achieve access

management, personnel detection, automobile locking and

safety alert functions

Issue alerts in case of emergency to prompt immediate

response

Enhance worker safety, oversee worker wellbeing and

improve operation efficiency

Smart Helmet

Monitor worker location and health condition in real time

Continuous assessment of worker heat stress risk level,

prompting additional support when needed

Notifies worker of whether the helmet is worn properly

In case of a fall, the helmet will sound an automatic alert

while notifying control centre for timely support

Worker can press SOS button on the helmet for

emergency assistance

Smart Mall Management

Uplift customer experience

Identify customer footfall for mall zones and shops

planning

Implement operational strategies based on data analysis

to drive traffic and sales

Smart Health

Provide remote assistance to paramedics on ambulance

Provide real-time guidance to paramedics on the move

from clinics or hospitals through a connected glove with

haptic feedback

Enable immediate remote patient assessment

Smart Home Daily

Remote learning with synchronised visuals and audio on

both ends and real-time interactions

Seamless streaming and scrubbing of high-definition

movies with no waiting needed

Synchronised visuals and audio with no pixilation during

video calls; share moments from your life with loved ones

anytime

Tele-operated Driving

Transmit large numbers of high-definition visuals and

videos

Give drivers from multiple locations real-time control over

vehicles

Other applications: logistics, surveying of dangerous

areas, transportations and more

VR Cycling

Explore the great outdoors while riding bikes indoors

Transmit large amounts of data in an extremely short time

Showcase an immersive 360°representation of Google

Street View

Friends and family can join in on the work out remotely

and enjoy the same experiences

Smart Restroom

Get real-time restroom occupancy data

Staff can manage restrooms remotely and follow up when

needed

Monitor air quality, waste bin fill-level and supplies stock

level

Disclaimer

SmarTone Telecommunications Holdings Ltd. published this content on 04 May 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 05 May 2021 05:18:00 UTC.


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Financials
Sales 2021 6 495 M 836 M 836 M
Net income 2021 438 M 56,4 M 56,4 M
Net cash 2021 712 M 91,7 M 91,7 M
P/E ratio 2021 12,7x
Yield 2021 6,34%
Capitalization 5 199 M 670 M 670 M
EV / Sales 2021 0,69x
EV / Sales 2022 0,63x
Nbr of Employees 1 865
Free-Float 26,9%
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Mean consensus HOLD
Number of Analysts 7
Average target price 5,20 HKD
Last Close Price 4,68 HKD
Spread / Highest target 49,6%
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Spread / Lowest Target -14,5%
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Managers and Directors
NameTitle
Ping-Luen Kwok Chairman
Kam-Kun Chau Executive Director & Chief Technology Officer
Leung Sing Ng Independent Non-Executive Director
Fock-Kin Gan Independent Non-Executive Director
Ka-Cheung Li Independent Non-Executive Director
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