Telecom firm MTel experienced steady growth in 2024, with its customer base surpassing 10,000 through various promotional activities.
Notably, over 60% of residents in government-subsidized elderly apartments are now MTel customers, MTel chairman and CEO Michael Choi told the press yesterday.
Looking ahead, Choi highlighted the company’s focus on artificial intelligence (AI) integration and expansion into Hengqin.
Additionally, MTel is targeting the new residential buildings in Zone A, where residents are expected to move in soon. To support this initiative, the company will host an introductory meeting within the next two months to explain how AI can enhance internet services.
Choi also revealed that MTel’s request to lower Internet service fees, submitted to the government last year, has been approved. As a result, the company has reduced its original service fees to 65% of last year’s rates.
Moving forward, MTel plans to propose further price reductions, including discounted plans for specific user groups. LV
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