Mobile Telecom Network (Holdings) Limited provided earnings guidance for the year ended March 31, 2013. For the year, the company expected t hat a greater loss will be recorded by the group as compared with that for the year ended March 31, 2012. This was due to the charging of fair value of the issued warrants; the charging of fair value of the share- based payments arising from newly granted share options under the share option scheme of the company; the charging of imputed interests on the issued convertible bonds; the impairment loss in respect of investments in associates and amounts due from associates; and the recognition of loss on conversion of the company's convertible bonds.