You are on page 1of 2

 ireless (Hong Kong) Limited (later known as Hong Kong Telecom International; HKTI).

I).[10] Hong Kong government was a mi-


nority shareholder for 20%.[16]
 1983: Cable and Wireless (Hong Kong) acquired 34.8% shares of HKTC from Jardine Matheson.[16]
 1986: Cable & Wireless also announced plans for an underwater optical fibre cable connecting Hong Kong with Japan and
South Korea (a part of APCN), to become operational in 1990.[10]
Hong Kong Telecommunications[edit]

 1987: Cable & Wireless (Hong Kong) and Hong Kong Telephone Company merged to form a new telecommunications
group, with the new holding company called Hong Kong Telecommunications Limited, replacing Hong Kong Telephone
Company as a listed company on the stock exchange of Hong Kong[17][16] and as one of the constituents of Hang Seng In-
dex (the blue-chip index of HK). Government of Hong Kong owned around 5.5% shares of the new company immediately
after the merger; Cable & Wireless plc remained as the largest shareholder.[17]
 1990: Chinese government controlled CITIC Hong Kong acquired 20% shares of Hong Kong Telecommunications from for-
mer British state owned enterprise Cable & Wireless plc.[16]
 1995: HKTC's franchise expired. HKTC was one of the 4 companies to receive the new licence in local fixed-line services[14]
 1999: Hong Kong Telecommunications Limited was renamed to Cable & Wireless HKT;[18] the subsidiaries, HKTC was re-
named to Cable & Wireless HKT Telephone Limited;[4][19] HKTI was renamed to Cable & Wireless HKT International.[4]
 2000: Cable & Wireless HKT was acquired by PCCW. Cable & Wireless HKT was renamed to PCCW-HKT Limited;[20] the
subsidiary HKTC was renamed to PCCW-HKT Telephone Limited;[21] while HKTI was renamed to PCCW-HKT Interna-
tional[4]
 2001: the subsidiary HKTI was renamed to Reach Networks Hong Kong,[4] it became a wholly owned subsidiary of Reach
Limited instead, a joint venture of PCCW and Telstra;[22] 60% stake of CSL was also sold to Telstra[23]
 2002: the remaining stake of CSL, the only mobile network operator of the group, was sold to Telstra
 2005: PCCW-HKT takeover Sunday Communications,[24][25] relaunching its mobile network operator as PCCW Mobile
 2007: PCCW-HKT Telephone acquired the licence of CDMA2000 mobile network operator,[26] and launched the services in
the next year.[27]
 2008 to 2011: Hong Kong Telecommunications (HKT) Limited was incorporated; Moody's ceased to assign credit rating to
PCCW-HKT Telephone Limited and assign a new rating to Hong Kong Telecommunications (HKT) Limited instead; it was
reported that PCCW-HKT Telephone would become dormant.[7] In the same year, some of the subsidiaries of PCCW, were
transferred to an intermediate holding company HKT Group Holdings Limited (HKTGH[28]: 42 ), for example PCCW
Global, PCCW Mobile, PCCW Media, PCCW Solutions, and engineering division Cascade Limited.[28]: 166 However, PCCW
re-organised HKTGH again in the eve of the 2011 IPO of HKT Limited, which some non-telecommunications businesses
were spin-off from HKTGH.[28]: 167 PCCW Media and PCCW Solutions for example, were directly owned by PCCW again.
[29]
Also, HKTGH became a subsidiary of HKT Limited.[28]: 169
HKT Limited[edit]

 2011: PCCW made HKT Limited, c/o HKT Trust, a spin-off business that separate listing on the Hong Kong stock ex-
change.[9]
 2012: HKT's PCCW Global acquired Gateway Communications, a satellite services provider[30]
 2014: HKT re-acquired CSL (known as its holding company CSL New World Mobility) from Telstra and New World Devel-
opment; CSL and PCCW Mobile merged, with CSL as the surviving brand; the brand New World Mobility of the former CSL
New World Mobility Group was renamed to Sun Mobile
 2017: HKT and subsidiary PCCW Global jointly-acquired Console Connect, a provider of global interconnection solution.[31]
[non-primary source needed]

HKT (Hong Kong Telecom)[edit]


HKT Group Holdings Limited was formed in 2008 to hold the telecommunications services, media and IT businesses of the
PCCW Group, a reorganization designed to improve the Group's operational efficiencies.[28]: 166 HKT and its predecessor PCCW-
HKT, was the first quadruple play provider in Hong Kong, offering media content and services for fixed-line, broadband Internet,
TV and mobile. PCCW acquired HKT, at that time known as Cable & Wireless HKT, in February 2000 from Cable & Wireless.[32]
Main business and subsidiaries[edit]

HKT Shop in Sha Tin, Hong Kong


Commercial and international business[edit]
The HKT Commercial Group provides ICT services to small, medium and large enterprises. The group managed the installation
of Asia's largest IP-enabled network for securities and derivatives markets, built for Hong Kong Exchanges and Clearing Limited
and known as SDNet. It includes an electronic passport system, known as e-PASS, and the Smart Identity Card system for the
Hong Kong SAR Government.[33]

Emergency telephone along a mountain trail


Netvigator[edit]
Main article: Netvigator
Netvigator is a residential and commercial Internet service provider in Hong Kong, a brand of HKT Limited. It is Hong Kong's
largest Internet service provider (ISP).[34][35]
csl, 1O1O, Club SIM

You might also like