Knowledge (XXG)

New World Telecommunications

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of Hong Kong, announced that they would not to commence an investigation on the takeover under the Competition Ordinance of Hong Kong. It was reported that despite both HKBN and NWT were telecommunication companies, due to one company aimed at residential customers and another aimed at business
652:"Major Transaction | Acquisition of the telecommunications and online marketing solutions business owned by New World Telephone Holdings Limited through the acquisition of the entire issued share capital of Concord Ideas Ltd. and Simple Click Investments Limited" 475:"HKBN Announces Acquisition of New World's Telecommunications and Online Marketing Solutions Business | HKBN strengthens its Enterprise Solutions business and drives consolidation in the fixed line market in Hong Kong" 930: 905: 915: 900: 418:
in 2017 and New World Telecommunications by New World Development, were part of "the process of succession planning as the founders reach retirement age or pass away.";
910: 789: 430:), nevertheless the analyst concluded that the disinvestment by New World Development, was part of a project that strengthen the core business of the conglomerate. 925: 422:, the founder of New World Development, passed away in September 2016. The disinvestment was also rumoured as part of a total withdrew of Hong Kong market ( 381:
In February 2016, New World Telephone Holdings sold New World Telecommunications and other businesses in Hong Kong, Macau and Shenzhen to its competitor
920: 474: 879: 320:. At that time it was known as New World Telephone. New World Telephone Holdings was the direct parent company, while itself a subsidiary of 29: 782: 496: 358:
in Hong Kong. They both under the same direct parent company New World Telephone Holdings. However, New World PCS Holdings was sold to
386: 497:"New World Telecom Renamed HKBN Enterprise Solutions | Fully Integrated Business Harnesses Synergy to Pounce on Market Opportunities" 331:
Immediately after the deregulation of the telecommunication industry of Hong Kong in 2003, New World Telecommunications, along with
833: 677:"Communications Authority Decided not to Commence an Investigation Concerning HKBN's Acquisition of New World Telecommunications" 411: 332: 775: 423: 226: 186: 843: 382: 359: 297: 111: 623: 537: 363: 301: 121: 651: 398: 676: 448: 355: 367: 351: 798: 567: 415: 371: 321: 293: 160: 145: 347:), the dominant operator at that time. New World Telecommunications was aimed for business customers. 828: 838: 729: 402:
customers, it would not strengthen the oligopoly of the telecommunications market of Hong Kong.
594:"Proposed Acquisition of New World PCS Holdings Limited by Asia Logistics Technologies Limited" 296:, via New World Telephone Holdings; New World Telecommunications was acquired by a competitor, 385:(HKBN) for HK$ 650 million; the latter was disinvested by local telecommunication tycoon 375: 362:
in 2004, as part of a backdoor listing. Asia Logistics Technologies was subsequently known as
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New World Telecommunications was established in 1992 by transforming from Rowenty Power, a
406: 390: 698: 705: 394: 152: 28: 366:
from 2004 to 2010. However, the shares of the successor of New World Mobile Holdings,
300:(HKBN) in February 2016. In the same year New World Telecommunications was renamed to 894: 869: 812: 419: 874: 853: 632:(in Chinese (Hong Kong)). Hong Kong: Media Chinese International. 19 February 2016 548:(in Chinese (Hong Kong)). Hong Kong: Media Chinese International. 19 February 2016 336: 389:
in 2012. It was reported that the takeover of New World Telecommunications was a
292:, was a fixed line provider of Hong Kong S.A.R., China. It was a subsidiary of 728:
Massoudi, Arash; Weinland, Don (31 July 2017). Written at London, Hong Kong.
37: 544: 325: 767: 679:(Press release). Hong Kong: Communications Authority. 31 March 2016 340: 771: 599:(Press release). Hong Kong: New World Development. 1 April 2004 760: 730:"Li Ka-shing agrees $ 2bn Hutchison fixed-line business sale" 316:
that was incorporated on 14 January of the same year in the
324:. New World Telecommunications acquired the licence of 709:(in Chinese (Hong Kong)). Hong Kong. 19 February 2016 665:– via Hong Kong Exchanges and Clearing website. 931:
Telecommunications companies disestablished in 2016
862: 821: 805: 268: 251: 239: 225: 220: 211: 199: 185: 180: 151: 141: 127: 117: 106: 98: 79: 71: 63: 55: 47: 35: 350:New World Telecommunications had a sister company 906:Telecommunications companies established in 1992 449:"HKBN to acquire New World Telecom for HK$ 650m" 783: 532: 530: 528: 526: 231: 191: 8: 21: 447:Bushell-Embling, Dylan (21 February 2016). 790: 776: 768: 248: 208: 27: 20: 916:Former New World Development subsidiaries 901:Telecommunications companies of Hong Kong 393:, which was financed by a borrowing from 911:Chinese companies disestablished in 2016 618: 616: 614: 397:for 5 years by HKBN. In March 2016, the 657:(Press release). HKBN. 18 February 2016 568:"Ofta to conclude interconnection plan" 499:(Press release). HKBN. 1 September 2016 477:(Press release). HKBN. 18 February 2016 439: 880:Leung Chin-man appointment controversy 7: 520:Data in Hong Kong Companies Registry 516: 514: 279:New World Telecommunications Limited 926:2016 disestablishments in Hong Kong 453:Computer World (Hong Kong edition) 165:(via New World Telephone Holdings) 14: 539:純官賣產停不了 20年固網生意脫手 新世界電訊6.5億售予香港寬頻 921:1992 establishments in Hong Kong 834:New World Department Store China 378:, a subsidiary of PCCW in 2013. 339:, were the major competitors to 16:Asian telecommunications company 412:Hutchison Global Communications 333:Hutchison Global Communications 427: 410:compared the disinvestment of 232: 192: 1: 849:New World Telecommunications 574:. Hong Kong. 28 January 2003 203:New World Telecommunications 22:New World Telecommunications 844:New World Hotels (Holdings) 383:Hong Kong Broadband Network 360:Asia Logistics Technologies 304:, as a subsidiary of HKBN. 298:Hong Kong Broadband Network 112:Hong Kong Broadband Network 947: 364:New World Mobile Holdings 302:HKBN Enterprise Solutions 264: 260: 247: 207: 176: 172: 122:HKBN Enterprise Solutions 83:14 January 1992 26: 699: 624: 572:South China Morning Post 538: 399:Communications Authority 227:Traditional Chinese 187:Traditional Chinese 356:mobile network operator 368:CSL New World Mobility 352:New World PCS Holdings 799:New World Development 416:CK Hutchison Holdings 372:New World Development 322:New World Development 294:New World Development 161:New World Development 146:New World Development 829:New World China Land 326:fixed-line telephone 839:New World First Bus 243:New World Telephone 221:former Chinese name 51:New World Telephone 23: 625:剝離非核心資產 鄭氏兩年套近400億 67:telecommunications 888: 887: 376:Hong Kong Telecom 345:Hong Kong Telecom 318:British Hong Kong 290:New World Telecom 284: 276: 275: 256: 255: 216: 215: 93:British Hong Kong 43:New World Telecom 938: 792: 785: 778: 769: 764: 763: 761:Official website 746: 745: 743: 741: 725: 719: 718: 716: 714: 700:新世界固網資產6.5億售香港寬頻 695: 689: 688: 686: 684: 673: 667: 666: 664: 662: 656: 648: 642: 641: 639: 637: 620: 609: 608: 606: 604: 598: 590: 584: 583: 581: 579: 564: 558: 557: 555: 553: 534: 521: 518: 509: 508: 506: 504: 493: 487: 486: 484: 482: 471: 465: 464: 462: 460: 444: 429: 288:) also known as 282: 249: 235: 234: 209: 195: 194: 132:Hong Kong S.A.R. 90: 88: 31: 24: 946: 945: 941: 940: 939: 937: 936: 935: 891: 890: 889: 884: 858: 817: 801: 796: 759: 758: 755: 750: 749: 739: 737: 734:Financial Times 727: 726: 722: 712: 710: 701: 697: 696: 692: 682: 680: 675: 674: 670: 660: 658: 654: 650: 649: 645: 635: 633: 626: 622: 621: 612: 602: 600: 596: 592: 591: 587: 577: 575: 566: 565: 561: 551: 549: 540: 536: 535: 524: 519: 512: 502: 500: 495: 494: 490: 480: 478: 473: 472: 468: 458: 456: 446: 445: 441: 436: 407:Financial Times 391:leverage buyout 310: 272:newworldtel.com 240:Literal meaning 200:Literal meaning 168: 137: 133: 86: 84: 40: 17: 12: 11: 5: 944: 942: 934: 933: 928: 923: 918: 913: 908: 903: 893: 892: 886: 885: 883: 882: 877: 872: 866: 864: 860: 859: 857: 856: 851: 846: 841: 836: 831: 825: 823: 819: 818: 816: 815: 809: 807: 803: 802: 797: 795: 794: 787: 780: 772: 766: 765: 754: 753:External links 751: 748: 747: 720: 706:Sing Tao Daily 690: 668: 643: 610: 585: 559: 522: 510: 488: 466: 438: 437: 435: 432: 395:JPMorgan Chase 370:, was sold by 309: 306: 274: 273: 270: 266: 265: 262: 261: 258: 257: 254: 253: 252:Transcriptions 245: 244: 241: 237: 236: 229: 223: 222: 218: 217: 214: 213: 212:Transcriptions 205: 204: 201: 197: 196: 189: 183: 182: 178: 177: 174: 173: 170: 169: 167: 166: 163: 157: 155: 149: 148: 143: 139: 138: 135: 131: 129: 125: 124: 119: 115: 114: 108: 104: 103: 100: 96: 95: 81: 77: 76: 73: 69: 68: 65: 61: 60: 57: 53: 52: 49: 45: 44: 41: 36: 33: 32: 15: 13: 10: 9: 6: 4: 3: 2: 943: 932: 929: 927: 924: 922: 919: 917: 914: 912: 909: 907: 904: 902: 899: 898: 896: 881: 878: 876: 873: 871: 870:Chow Tai Fook 868: 867: 865: 861: 855: 852: 850: 847: 845: 842: 840: 837: 835: 832: 830: 827: 826: 824: 820: 814: 813:Cheng Yu-tung 811: 810: 808: 804: 800: 793: 788: 786: 781: 779: 774: 773: 770: 762: 757: 756: 752: 735: 731: 724: 721: 708: 707: 702: 694: 691: 678: 672: 669: 653: 647: 644: 631: 627: 619: 617: 615: 611: 595: 589: 586: 573: 569: 563: 560: 547: 546: 541: 533: 531: 529: 527: 523: 517: 515: 511: 498: 492: 489: 476: 470: 467: 454: 450: 443: 440: 433: 431: 425: 421: 420:Cheng Yu-tung 417: 413: 409: 408: 403: 400: 396: 392: 388: 384: 379: 377: 373: 369: 365: 361: 357: 353: 348: 346: 342: 338: 337:Wharf T&T 334: 329: 327: 323: 319: 315: 314:shelf company 307: 305: 303: 299: 295: 291: 287: 280: 271: 267: 263: 259: 250: 246: 242: 238: 230: 228: 224: 219: 210: 206: 202: 198: 190: 188: 184: 179: 175: 171: 164: 162: 159: 158: 156: 154: 150: 147: 144: 140: 130: 126: 123: 120: 116: 113: 109: 105: 101: 97: 94: 82: 78: 75:Rowenty Power 74: 70: 66: 62: 58: 54: 50: 46: 42: 39: 34: 30: 25: 19: 875:K11 Art Mall 854:NWS Holdings 848: 822:Subsidiaries 738:. Retrieved 733: 723: 711:. Retrieved 704: 693: 681:. Retrieved 671: 659:. Retrieved 646: 634:. Retrieved 629: 601:. Retrieved 588: 576:. Retrieved 571: 562: 550:. Retrieved 543: 501:. Retrieved 491: 479:. Retrieved 469: 457:. Retrieved 452: 442: 405: 404: 380: 354:which was a 349: 330: 311: 289: 285: 278: 277: 181:Chinese name 128:Headquarters 110:acquired by 56:Company type 18: 740:20 November 713:28 February 683:27 February 661:27 February 636:27 February 603:27 February 578:27 February 552:27 February 503:27 February 481:27 February 459:27 February 72:Predecessor 895:Categories 434:References 387:Ricky Wong 343:(formerly 87:1992-01-14 59:subsidiary 38:Trade name 455:. Questex 328:in 1995. 118:Successor 736:. London 630:Ming Pao 545:Ming Pao 64:Industry 48:Formerly 863:Related 424:Chinese 308:History 269:Website 99:Defunct 85: ( 80:Founded 806:People 426:: 153:Parent 655:(PDF) 597:(PDF) 233:新世界電話 193:新世界電訊 142:Owner 136:China 742:2017 715:2018 685:2018 663:2018 638:2018 605:2018 580:2018 554:2018 505:2018 483:2018 461:2018 341:PCCW 283:abb. 107:Fate 102:2016 414:by 374:to 286:NWT 91:in 897:: 732:. 703:. 628:. 613:^ 570:. 542:. 525:^ 513:^ 451:. 428:撤資 335:, 134:, 791:e 784:t 777:v 744:. 717:. 687:. 640:. 607:. 582:. 556:. 507:. 485:. 463:. 281:( 89:)

Index


Trade name
British Hong Kong
Hong Kong Broadband Network
HKBN Enterprise Solutions
New World Development
Parent
New World Development
Traditional Chinese
Traditional Chinese
New World Development
Hong Kong Broadband Network
HKBN Enterprise Solutions
shelf company
British Hong Kong
New World Development
fixed-line telephone
Hutchison Global Communications
Wharf T&T
PCCW
Hong Kong Telecom
New World PCS Holdings
mobile network operator
Asia Logistics Technologies
New World Mobile Holdings
CSL New World Mobility
New World Development
Hong Kong Telecom
Hong Kong Broadband Network
Ricky Wong

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