| Business Summary | | Sunday
Communications
Ltd
is
a
developer
and
provider
of
Wireless
Communications
and
Internet
services
in
Hong
Kong.
Sunday
Communications
began
commercial
operations
with
GSM
1800
mobile
telephone
services
in
1997
and
has
since
added
IDD,
ISP
and
WAP-
applications
to
its
range
of
lifestyle
services.
As
at
30
June
2000,
its
cellular
subscriber
base
had
grown
to
approximately
287,000
users.
Sunday
Communications'
core
strategy
is
to
capitalize
on
the
convergence
of
wireless
communications
and
Internet
technologies
to
develop
wireless
applications
and
services
targeted
at
consumers'
lifestyles.
In
early
2000,
sunday.com
and
SO
WAP
were
launched
to
take
advantage
of
new
technologies
such
as
WAP
and
GPRS,
which
allow
high-speed
and
direct
Internet
access
through
wireless
devices. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | Sunday
Communications
Limited
is
a
developer
and
provider
of
wireless
communications
and
internet
services
in
Hong
Kong.
For
the
fiscal
year
ended
12/31/00,
revenues
rose
41%
to
HK$1.45
billion.
Net
loss
according
to
U.S.
GAAP
decreased
49%
to
HK$470.3
million.
Revenues
reflect
continued
subscriber
growth
and
a
reduction
in
handset
subsidies.
Net
loss
reflects
improved
operating
efficiences
gained
through
an
expanded
subscriber
base
and
lowering
marginal
costs. Recent Earnings Announcement For
the
6
months
ended
06/30/2001,
after
tax
earnings
were
-114,000. (Preliminary; reported in thousands of Hong Kong Dollars.) | More
from
Market Guide: Significant
Developments |
| Officers | |
| Position | Janet Ching Man Fung | CFO | Alphonoso Sooong | CIO | Henry Kam Heng Wong | CTO |
| More
from
Market Guide on Officers & Directors: Expanded
List, Bios,
Compensation,
Options
|
|