---
title: "HKBN: There is further room for exploration in network construction and average revenue per user"
description: "HKBN announced its fiscal year 2025 results following the acquisition by China Mobile Hong Kong. The new CEO, Li Xin, stated that the company has further room for exploration in market share, network "
type: "news"
locale: "en"
url: "https://longbridge.com/en/news/263706198.md"
published_at: "2025-10-31T09:53:32.000Z"
---

# HKBN: There is further room for exploration in network construction and average revenue per user

> HKBN announced its fiscal year 2025 results following the acquisition by China Mobile Hong Kong. The new CEO, Li Xin, stated that the company has further room for exploration in market share, network construction, and average revenue per user, and plans not to seize market share through price cuts. In the future, it will focus on the coverage and network capabilities of enterprise business while developing home business and value-added services. The group chairman, Ling Hao, emphasized that there are no plans for layoffs and aims to maintain a stable dividend policy based on adjusted free cash flow

China Mobile Hong Kong has completed the acquisition of HKBN (01310.HK). HKBN announced its fiscal year 2025 results today (31st), and the newly appointed Executive Director and Group CEO, Li Xin, stated that the company has further room for exploration in market share, network construction, and average revenue per user (ARPU), but will not seize market share through price cuts. The company will continue to upgrade its network and improve user experience.

Regarding the development direction for fiscal year 2026, he indicated that the core business will remain unchanged. In terms of enterprise business, the focus will be on enhancing coverage, network capabilities, and the diversity of solutions, and will actively participate in new developments such as the low-altitude economy. For the residential business, he believes there is still growth potential in the penetration rate of 2.5Gbps fiber broadband and will continue to develop OTT and other value-added and bundled services.

Group Chairman and Executive Director Ling Hao stated that HKBN has no plans for layoffs but hopes to improve employee efficiency; there is further room for improvement in customer service and feedback, the company's R&D capabilities, and the efficiency of inter-departmental collaboration.

He also believes that the acquisition process went smoothly, and that HKBN and China Mobile Hong Kong are two independent entities that will operate independently in the future while collaborating in areas with synergies, such as network development and R&D.

When asked about shareholder returns, Ling Hao pointed out that the company's goal is to maintain a stable dividend policy, continuing to pay dividends based on no less than 75% of adjusted free cash flow, and will adjust according to the company's development and other factors from time to time

### Related Stocks

- [01310.HK - HKBN](https://longbridge.com/en/quote/01310.HK.md)

## Related News & Research

| Title | Description | URL |
|-------|-------------|-----|
| HKBN posts net profit $207 mln for FY | HKBN posts net profit $207 mln for FY | [Link](https://longbridge.com/en/news/263699591.md) |
| HKBN Restores Minimum Public Float After China Mobile Hong Kong Offer | HKBN Ltd. has announced the restoration of its minimum public float requirement under Hong Kong Listing Rules after Chin | [Link](https://longbridge.com/en/news/272048224.md) |
| Morgan Stanley Remains a Hold on HKBN (HKBNF) | Currently, the analyst consensus on HKBN is a Hold with an average price target of $0.84. | [Link](https://longbridge.com/en/news/262436692.md) |
| HKBN Ltd. Signs Distribution Framework Agreement with Venustech | HKBN Ltd. has signed a Distribution Framework Agreement with Venustech for the supply and distribution of products in Ho | [Link](https://longbridge.com/en/news/272815411.md) |
| China Mobile's long position in HKBN reduces to 74.84% on Sept 24 from 78.08% | Sept 25 (Reuters) - HKEX : * China Mobile's long position in HKBN reduces to 74.84% on Sept 24 from 78.08% | [Link](https://longbridge.com/en/news/258842144.md) |

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> **Disclaimer**: This article is for reference only and does not constitute any investment advice.
