Huge Growth for 3
          
        
        
          
            3
          
        
        
          Group’s strategy of being a first mover in 3G is yielding solid
        
        
          results. By the end of the first quarter, the customer bases of 3
        
        
          Group and Hutchison Telecom’s 3G totalled over eight million.
        
        
          Worldwide, 3 Group saw a huge increase in the scale of its
        
        
          activities in 2004, with a 398% rise in turnover to HK$15,742
        
        
          million, nearly five times the contribution for the seven months
        
        
          of operation in 2003. LBITDA before expensed customer acqui-
        
        
          sition costs (CAC) shrank by 37% and the Group is making
        
        
          rapid progress towards achieving its target of breaking even
        
        
          on EBITDA after expensed CAC before the end of 2005.
        
        
          The future looks bright for 3 Group: customer numbers
        
        
          are growing fast, value-added services are proving highly
        
        
          popular and costs are being tightly controlled. Most
        
        
          importantly, revenues for 3 customers remain
        
        
          well above market average.
        
        
          
            Food Fit
          
        
        
          
            for a King
          
        
        
          
            Harbour Plaza
          
        
        
          
            Hong Kong
          
        
        
          hosted the
        
        
          Korean Palace
        
        
          Food Festival in
        
        
          association with
        
        
          the highly
        
        
          acclaimed Korean drama television series “Jewel in the Palace.”
        
        
          Guests enjoyed dishes eaten by Korean monarchs down the years,
        
        
          prepared in part by Ms Han Bok Ryo, the President and top Chef
        
        
          from Korea’s Institute of Royal Palace Cuisine and consultant
        
        
          to the show.
        
        
          PLACE YOUR BETS
        
        
          
            Life has just got better for
          
        
        
          
            Hong Kong’s many horse-racing enthusiasts.
          
        
        
          
            Now they can watch races on their mobile
          
        
        
          
            phones and also place their bets –
          
        
        
          
            thanks to
          
        
        
          3 Hong Kong.
        
        
          
            “Horse Racing Live”, the world’s
          
        
        
          
            first live racing broadcast service
          
        
        
          
            on 3G video mobile phones,
          
        
        
          
            enables 3 customers to watch
          
        
        
          
            real-time races and results.
          
        
        
          
            And not just watch the racing. 3
          
        
        
          
            also provides a 3G mobile betting
          
        
        
          
            service. It’s very user-friendly. Once
          
        
        
          
            customers have opened an account
          
        
        
          
            with The Hong Kong Jockey Club, they
          
        
        
          
            can bet on all races directly via their video
          
        
        
          
            mobile phones. 3 customers can also place
          
        
        
          
            bets on football matches and Mark Six.
          
        
        
          
            3 Hong Kong is first past the post again!
          
        
        
          H
        
        
          T
        
        
          SAVE THE
        
        
          ENVIRONMENT,
        
        
          SAVE MONEY
        
        
          PARKnSHOP
        
        
          
            launched a big environ-
          
        
        
          
            mental protection initiative in May.
          
        
        
          
            “Don’t Drown the Earth Campaign” gives
          
        
        
          
            customers a cash incentive to use fewer
          
        
        
          
            plastic bags when they shop.
          
        
        
          
            New reusable “Green” foldable shopping bags in
          
        
        
          
            three colours are available at PARKnSHOP stores for
          
        
        
          
            just HK$6.90. Customers will get rebates on their
          
        
        
          
            shopping, up to a full cash refund for the bag price.
          
        
        
          
            And there are further savings. Users of the
          
        
        
          
            PARKnSHOP bag will also receive double bonus stamps
          
        
        
          
            for the “Lifestyle Rewards Marathon” programme,
          
        
        
          
            offering many popular lifestyle items.
          
        
        
          
            PARKnSHOP is already working hard for
          
        
        
          
            the environment. It is raising funds for
          
        
        
          
            Green Power by donating HK$1 for every
          
        
        
          
            reusable bag sold and placing collection
          
        
        
          
            boxes at all checkouts to encourage
          
        
        
          
            customers to donate their loose change.
          
        
        
          
            Other initiatives include the recycling of
          
        
        
          
            all used cartons and paper, tree planting
          
        
        
          
            schemes and training programmes for front-
          
        
        
          
            line staff on energy saving measures.
          
        
        
          
            H O N G K O N G
          
        
        
          R
        
        
          News
        
        
          bites
        
        
          
            Going Green on Lamma
          
        
        
          
            Hongkong Electric Company
          
        
        
          (HEC) has started work on the
        
        
          construction of the first commercial-scale wind turbine in Hong
        
        
          Kong. Sited at Tai Ling on Lamma Island, the 800–kW turbine
        
        
          will produce 1 GWh of
        
        
          electricity a year when it goes
        
        
          into operation in 2006.
        
        
          This project is an important
        
        
          step towards the develop-
        
        
          ment of renewable energy
        
        
          sources in Hong Kong.
        
        
          Concern for the environment
        
        
          has been a major considera-
        
        
          tion. Trees and scrub will be
        
        
          planted to minimise the
        
        
          impact on the landscape and
        
        
          HEC is planning to use the site
        
        
          as an educational facility for
        
        
          wind power and other forms
        
        
          of renewable energy.
        
        
          E
        
        
          T