6823 on Hong Kong Stock Exchange

HKT

Logo: HKT, Public domain, via Wikimedia Commons4

Telecommunications company

HKT Limited (Chinese: 香港電訊有限公司; Cantonese Yale: Hēunggóng dihnseun yáuhhaahngūngsī), also used to be known as Hong Kong Telecom (Chinese: 香港電訊; Cantonese Yale: Hēunggóng dihnseun), is one of the largest telecommunications companies in Hong Kong. It has a dominant position in fixed-line, mobile, IDD and broadband services in Hong Kong. HKT Group is a subsidiary of PCCW since 2000, after it was acquired from Cable & Wireless plc.2 It is part of PCCW Limited.1 Its shares trade on Hong Kong Stock Exchange under the symbol 6823.1 Wikipedia text CC BY-SA 4.0

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Last updated Oct 20, 2026.

Overview

1987Founded1

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  • Ticker6823 on Hong Kong Stock Exchange1
  • Industrytelecommunications1
  • HeadquartersHong Kong1
  • Websitewww.hkt.com
  • Legal formprivate limited company1
  • LEI9845002BA87CE66C6G453
  • StatusActive3
  • LEI statusIssued and current3
  • Registered addressChaussée de Lille(TOU) 327, 7500 Tournai, Belgium3
  • Registered withFederal Public Service Economy (Ministry of Economy), 0550.442.7323
PCCW Tower
Photo: Exploringlife, CC BY-SA 4.0, via Wikimedia Commons6

HKT Limited (Chinese: 香港電訊有限公司; Cantonese Yale: Hēunggóng dihnseun yáuhhaahngūngsī), also used to be known as Hong Kong Telecom (Chinese: 香港電訊; Cantonese Yale: Hēunggóng dihnseun), is one of the largest telecommunications companies in Hong Kong. It has a dominant position in fixed-line, mobile, IDD and broadband services in Hong Kong. HKT Group is a subsidiary of PCCW since 2000, after it was acquired from Cable & Wireless plc.2

Corporate structure

HKT is part of a group headed by Pacific Century Group. 20 entities, 5 countries on record. Switch between the flow chart and the network, and select any entity to see its details.

Built from parent and subsidiary links from GLEIF, the Global Legal Entity Identifier Foundation (CC0); subsidiaries, stakes and holdings from Wikidata (CC0); major holders from Schedules 13D and 13G. Each entity in the chart links to its source.

What it owns

What HKT reports owning in its annual reports to the SEC: buildings, land and equipment, real estate and locations, investments, intangible assets and inventory, at the end of its latest fiscal year and a year before.

Stakes and holdings (Wikidata)

Things Wikidata records the company as owning, with the share when stated.1

The story

Domestic telecommunications facilities in Hong Kong became more advanced in 1925 when the Hong Kong Telephone Company Limited (HKTC) took over the interests of John Pender's China and Japan Telephone and Electric Company. The company's mandate included providing all the British colonies with local telephone services. Over the next six decades, Hong Kong Telephone's line capacity grew to more than 2.5 million, with the company serving approximately six million people.

Telecommunications became increasingly important following World War I, and in 1929 the British companies Marconi Wireless and Eastern Telegraph joined to establish Cable & Wireless. The company's strategy was to supply telephone and telegraph services in Britain's colonies, and it succeeded in securing an exclusive franchise to provide international communications services in Hong Kong.

By 1972, the company's biggest operation was its subsidiary in rapidly growing Hong Kong. Hong Kong Telephone, meanwhile, built a new headquarters in 1972. The company's growth was said to typify the colony's transition from an economy based on manufacturing to one dependent on service industries, which created a demand for telecommunications services. In 1975 Hong Kong Telephone's franchise for domestic service in the colony was extended for an additional 20 years, to expire just ahead of Hong Kong's reversion to China's control in 1997.

Hong Kong Telephone Company

1906: China and Japan Telephone and Electric Company acquired a 25-year franchised licence on fixed-line.

1925: China and Japan Telephone and Electric Company was acquired by Hong Kong Telephone Company Limited (HKTC). The government also granted HKTC a 50 years franchised licence on telephone service.

1968: HKTC's franchise was extended for another 20 years.

1983: HKTC started to build their own mobile radiotelephone service, which was supplied and installed by NEC; in the next year the service went public under HKTC's subsidiary Communication Services Limited

Cable and Wireless (Hong Kong)

1871: The predecessor of Cable & Wireless established its Hong Kong branch, for its submarine communications cables that connect from Hong Kong to Saigon, Fuzhou, Manila, Labuan and Macau (or 1936 according to another source)

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1962: Cable & Wireless acquired a 25-year franchise for telephone and telegraph services

1981: The Hong Kong branch of Cable & Wireless plc was incorporated as Cable and Wireless (Hong Kong) Limited (later known as Hong Kong Telecom International; HKTI). Hong Kong government was a minority shareholder for 20%.

1983: Cable and Wireless (Hong Kong) acquired 34.8% shares of HKTC from Jardine Matheson.

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.

Hong Kong Telecommunications

1988: 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 and as one of the constituents of Hang Seng Index (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.

1990: Chinese government controlled CITIC Hong Kong acquired 20% shares of Hong Kong Telecommunications from former British state owned enterprise Cable & Wireless plc.

1995: HKT's franchise to provide local fixed-line telephone services expired. HKT was one of the 4 companies to receive the new licence in local fixed-line services

1999: Hong Kong Telecommunications Limited was renamed to Cable & Wireless HKT; the subsidiaries, HKTC was renamed to Cable & Wireless HKT Telephone Limited; HKTI was renamed to Cable & Wireless HKT International.

2000: Cable & Wireless HKT was acquired by PCCW. Cable & Wireless HKT was renamed to PCCW-HKT Limited; the subsidiary HKTC was renamed to PCCW-HKT Telephone Limited; while HKTI was renamed to PCCW-HKT International

2001: the subsidiary HKTI was renamed to Reach Networks Hong Kong, it became a wholly owned subsidiary of Reach Limited instead, a joint venture of PCCW and Telstra; 60% stake of CSL was also sold to Telstra

2002: the remaining stake of CSL, the only mobile network operator of the group, was sold to Telstra

2005: PCCW-HKT takeover Sunday Communications, relaunching its mobile network operator as PCCW Mobile

2007: PCCW-HKT Telephone acquired the licence of CDMA2000 mobile network operator, and launched the services in the next year.

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 HKT Limited instead; it was reported that PCCW-HKT Telephone would become dormant. In the same year, some of the subsidiaries of PCCW, were transferred to an intermediate holding company HKT Group Holdings Limited (HKTGH), for example PCCW Global, PCCW Mobile, PCCW Media, PCCW Solutions, and engineering division Cascade Limited. 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. PCCW Media and PCCW Solutions for example, were directly owned by PCCW again. Also, HKTGH became a subsidiary of HKT Limited.

HKT Limited

2011: PCCW made HKT Limited, c/o HKT Trust, a spin-off business that separate listing on the Hong Kong stock exchange.

2012: HKT's PCCW Global acquired Gateway Communications, a satellite services provider

2014: HKT re-acquired CSL (known as its holding company CSL New World Mobility) from Telstra and New World Development; 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.

2025: In October 2025, the Federal Communications Commission moved to revoke HKT International's license to operate in the United States, citing national security concerns due to its affiliation with China Unicom.

From Wikipedia’s article on Hong Kong Telecom, shared under CC BY-SA 4.0.5

Products and brands

Main business and subsidiaries

Commercial and international business

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 first batch of Smart Identity Card for the Hong Kong SAR Government.

HKT also provides cross-border network and digital technology services for enterprises

operating across Hong Kong, Chinese Mainland and international markets. As of 2025,

it has supported enterprises from Hong Kong and mainland China in expanding their

Read the full text

operations overseas. Its network coverage extends to more than 40 major cities in

mainland China and over 160 countries and territories worldwide.

In 2026, HKT announced the deployment of the ultra-low-latency 3.2Tbps AI Data

Centre Interconnect (DCI) Superhighway, the first of its kind in Hong Kong. The network

is designed to support innovation in Hong Kong, by providing high-capacity connectivity

between major data centre clusters and support next-generation AI workloads requiring

distributed computing and large-scale data transfer, strengthening Hong Kong’s position

as one of the most advanced I&T hubs in the world. The first phase, connecting Lok Ma

Chau Loop to Tseung Kwan O, is targeted for completion by the end of 2026 and will

support the Sandy Ridge Data Facility Cluster upon commissioning.

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).

Netvigator was awarded the Fastest, Best, and Most Consistent Fixed Network by

Ookla in the first half of 2026. As of May 2026, HKT’s fixed broadband has met the ETSI

F5G-A standard in 57,000 designated buildings.

csl, 1O1O, Club SIM

CSL Mobile is an HKT subsidiary, which operates mobile network brands of "csl", "1O1O" and "Club SIM" in Hong Kong. CSL, at that time incorporated as CSL New World Mobility, was re-acquired by PCCW via HKT in 2013. After the 2013 acquisition, HKT also merged PCCW Mobile HK into CSL. CSL was sold by PCCW in 2001, while PCCW Mobile HK, formerly SUNDAY, was acquired by PCCW in 2005–06.

In 2025, HKT announced the city’s first deployment of 25 Gbps mobile backhaul

infrastructure at several major event venues, including Kai Tak Sports Park, the Hong

Kong Coliseum, and the Hong Kong Velodrome. The upgrade is designed to strengthen

5G network performance and increase connectivity capacity during mega events, and to

support Hong Kong’s growing mega event economy.

SUN Mobile

SUN Mobile, formerly New World Mobility, is a joint venture of HKT Limited and Telecom Digital. In 2013 CSL New World Mobility was acquired by PCCW via HKT Limited, from Telstra and New World Development, thus the mobile virtual network operator was re-branded as SUN Mobile.

HKT Teleservices

HKT Teleservices, a subsidiary of HKT– offers global contact center and business process outsourcing services in all facets of voice and non-voice customer services, technical support, sales, retention, and other business processes. It is headquartered in Hong Kong with major contact centers in Shanghai, Guangzhou, Beijing, Chongqing, and Manila.

PCCW Global

PCCW Global (formerly Beyond The Network America) is the international operating division of HKT Limited. It was owned by PCCW's sub-holding company HKT Group Holdings Limited (HKTGH) since 2008 and HKT Limited since its IPO in 2011.

PCCW Global acquired Gateway Communications in 2012, Crypteia Networks in 2014 and Console Connect in 2017.

In June 2025, PCCW Global, together with Sparkle, Telecom Egypt, and Zain Omantel

International, signed a memorandum of understanding to develop the

Asia–Africa–Europe-2 (AAE-2) subsea cable system. The project will link Hong Kong

and Singapore with Italy through a combination of subsea cables and terrestrial routes

traversing Thailand, the Arabian Peninsula, and Egypt, providing a new high-capacity

connectivity pathway between Asia, Africa, and Europe.

YouTube incident

On 24 February 2008, Pakistan Telecom caused a major interruption of access to the video-sharing website YouTube. Pakistani Government authorities instructed Pakistan Telecom (PTCL) to prevent access to YouTube within Pakistan. PTCL complied by changing the BGP entry for YouTube – essentially updating its local internet address book for where YouTube's section of the internet is. The idea was to direct its internet users to a page that said YouTube was blocked. However, the ISP announced the new route to its Internet link provider, PCCW. PCCW had recently provided temporary access to PTCL in order to restore the nation's loss of internet access due to a previous major submarine cable break event. PTCL began leaking the BGP announcement to PCCW prior to PCCW's completion of the BGP validation and filtering policies process on the newly activated link. This allowed the announcement to propagate to other networks.

Once detected, PCCW immediately blocked the leaked announcement from PTCL and access to YouTube was restored within 2 hours.

Former services

iTV

iTV, a video-on-demand multimedia interactive television service, was launched in March 1998. In addition to video, it offered music-on-demand and racing-on-demand. iTV was the first streaming platform in what later became the over-the-top television (OTT) industry. iTV ceased operations in September 2002.

Cascade

Cascade PCCW announced the formation of wholly owned subsidiary Cascade Limited (traditional Chinese: 萃鋒有限公司; simplified Chinese: 萃锋有限公司) in late 2002. It was reported that the staff was offered a wage cut in the new contract. The Cascade name was removed and the division became a part of HKT, named "Engineering", a business unit of HKT similar to the Commercial group of PCCW. All staff in Cascade had transferred to HKT without changing; however, due to the 2011 initial public offering of HKT Limited, some subsidiaries of HKTGH (which HKTGH was a wholly owned subsidiary of HKT Limited) still use the name Cascade or PCCW due to legal and finance reasons, although they are wholly owned subsidiaries of HKT. A mainland China-incorporated "PCCW Cascade Technology (Guangzhou) Limited" (Chinese: 广州电讯盈科萃锋科技有限公司) namesake is a wholly owned subsidiary of HKT Limited.

From Wikipedia’s article on Hong Kong Telecom, shared under CC BY-SA 4.0.5

Subsidiaries and ownership

Parent company

Owners

Subsidiaries

Former owners and parents

From Wikidata.1

Acquisitions

  1. 2014CSL Mobile Limited became a subsidiary1
  2. 2014Sun Mobile Limited became a subsidiary1
  3. 1987Acquired PCCW-HKT Telephone Limited1

Timeline

  1. Nov 29, 2011Went public Listed on Hong Kong Stock Exchange1
  2. 2000Acquired Acquired by PCCW Limited1
  3. 1987Acquired Acquired by Cable & Wireless1
  4. 1987Founded Founded1

Sources

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