3 Group, which offers services in Australia, Austria, Hong Kong, Italy, Sweden, Indonesia and the UK, has posted revenue of HKD 58.71 billion for 2012.
For the period under review the operator?s earnings before interest, taxes, depreciation, and amortisation stood at HKD 9.21 billion. The operator?s earnings before interest and taxes increased from HKD 1.57 billion in 2011 to HKD 3.15 billion from HKD 1.57 billion in 2011.
In 2012, the operator posted double-digit revenue growth in most of the markets. In the UK, the company?s revenue increased by 9 per cent, while in Denmark, its revenue declined by 10 per cent. Globally, the operator?s customer base increased by 9 per cent during the year to reach 23.519 million. The operator registered an increase in data traffic from 154.9 petabytes in 2011 to 247.3 petabytes in 2012. In 2012, 3 Group?s capex stood at HKD 11.35 billion, while operating cash flow (EBITDA – capex) stood at HKD – 2.13 billion.
In 2013, the operator is going to focus on acquiring high-margin customers and encouraging customers to upgrade to higher-margin plans. It also plans to cut-down on subsidies being offered on its handsets. The operator is expecting further improvement in its financial results in 2013 with the acquisition of Orange Austria.
