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HUTCHISON TELECOMMUNICATIONS HONG KONG HOLDINGS LIMITED

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Britain to make Huawei decision on 5G by the autumn - digital minister

08/27/2019 | 02:29am EDT
Britain's Secretary of State for Digital, Culture, Media and Sport Nicky Morgan is seen outside Downing Street in London

LONDON (Reuters) - Britain will make a decision on whether to allow China's Huawei equipment to be used in its 5G networks in the autumn, the digital minister Nicky Morgan said.

"We will make the right decision for the UK. I would hope we could do something by the autumn," Morgan told BBC radio, referring to the season that runs in Britain from mid September to December.

"We've got to make sure that this is going to be a decision for the long term, making sure that we keep all our networks secure."

(Reporting by Kate Holton. Editing by Andrew MacAskill)


© Reuters 2019
Stocks mentioned in the article
ChangeLast1st jan.
5G NETWORKS LIMITED 1.66% 0.92 End-of-day quote.-35.21%
BT GROUP PLC -0.10% 154.7 Delayed Quote.17.09%
ERICSSON 0.36% 100.34 Delayed Quote.2.40%
HUTCHISON TELECOMMUNICATIONS HONG KONG HOLDINGS LIMITED 1.67% 1.22 End-of-day quote.5.17%
NEXT PLC 1.04% 8002 Delayed Quote.11.77%
NOKIA OYJ 0.54% 4.813 Delayed Quote.51.92%
TELEFÓNICA, S.A. 0.13% 4.1405 Delayed Quote.27.43%
VODAFONE GROUP PLC 0.30% 115 Delayed Quote.-5.19%
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Financials
Sales 2021 5 110 M 657 M 657 M
Net income 2021 226 M 29,1 M 29,1 M
Net cash 2021 4 012 M 515 M 515 M
P/E ratio 2021 27,9x
Yield 2021 22,3%
Capitalization 5 879 M 755 M 755 M
EV / Sales 2021 0,37x
EV / Sales 2022 0,41x
Nbr of Employees 991
Free-Float 25,3%
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Hutchison Telecommunications Hong Kong Holdings Limited Technical Analysis Chart | 215 | KYG4672G1064 | MarketScreener
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Number of Analysts 6
Last Close Price 1,22 HKD
Average target price 1,63 HKD
Spread / Average Target 33,6%
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Managers and Directors
Sing Fai Koo Chief Executive Officer & Executive Director
Wai Sin Cheng Chief Financial Officer
Kin Ning Fok Chairman
Yiu Man Chung Chief Technology Officer
Yuen Chun Tan Chief Operating Officer