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词条 Hong Kong Telecom
释义

  1. Corporate identities

  2. History

      Chronology  Hong Kong Telephone Company   Cable and Wireless (Hong Kong)  Hong Kong Telecommunications  HKT Limited 

  3. Subsidiaries and services

  4. Controversy

  5. References

{{distinguish|Communications in Hong Kong}}{{Infobox company
| name = HKT
| logo = HKT Logo.svg
| logo_padding =
| logo_caption = HKT logo since 2011
| trading_name =
| type = Public
| defunct =
| predecessor = {{bullet list|Hongkong Telephone Company|Cable & Wireless (Hong Kong)}}
| former_name = {{ubl|Hong Kong Telecommunications|Cable & Wireless HKT|PCCW-HKT}}
| traded_as = {{SEHK|6823}}
| foundation = {{aligned table|1925|(as Hongkong Telephone)|1987|(as Hong Kong Telecom)}}
| key_people = Richard Li
| industry = Telecommunications
| products =
| services = {{bullet list|fixed-line|international direct dialing|mobile network operator|internet service provider|cable television (former)|submarine communication cable network (former)|telegraphy (former)}}
| revenue = {{decrease}} HK$33.258 billion
| revenue_year = 2017
| operating_income =
| operating_income_year =
| net_income = {{increase}} HK${{0}}5.097 billion
| net_income_year = 2017
| num_employees = {{decrease}} over 17,600
| num_employees_year = 2017
| assets = {{increase}} HK$95.365 billion
| assets_year = 2017
| equity = {{nochange}} HK$39.019 billion
| equity_year = 2017
| brands = Netvigator
| parent = PCCW
| owner = PCCW (51.97%)
| subsid = {{ubl|{{nowrap|Hong Kong Telecommunications}}|CSL Mobile|Sun Mobile|PCCW Global}}
| location = Hong Kong
| homepage = {{url|http://www.hkt.com/?language=en_US|http://www.hkt.com}}
| footnotes = in consolidated financial statement[1]
}}

HKT Limited ({{zh|t=香港電訊有限公司}}) and HKT Trust ({{Zh|c=|s=|t=香港電訊信託}}) is a pair of listed corporations of Hong Kong, which the two corporations were bundled as one single stapled security. HKT, via its subsidiaries, is one of the largest telecommunications company of Hong Kong. It was commonly known as Hong Kong Telecom ({{Zh|c=|s=|t=香港電訊}}) and had a dominant position in fixed-line, mobile, IDD and broadband services in Hong Kong. HKT Group is a subsidiary of PCCW since 2000.

Corporate identities

The former holding company of the group was Cable & Wireless HKT Limited ({{zh|t=香港電訊有限公司}}; former ticker symbol: 8), it was a subsidiary of Cable & Wireless plc. It was taken over and privatized by PCCW in 2000.[2] PCCW also started to use the ticker symbol "8" after the takeover. Cable & Wireless HKT Limited was formerly known as Hong Kong Telecommunications Limited ({{zh|t=香港電訊有限公司}}), which was incorporated in 1987;[3] it was renamed to Cable & Wireless HKT Limited in 1999,[3] but renamed again to PCCW-HKT Limited in 2000;[3] PCCW-HKT still use the same registered Chinese name ({{lang|zh|香港電訊有限公司}}) until 2011, which in the same year the Chinese name became the registered Chinese name of HKT Limited instead.[3]

PCCW-HKT had a major subsidiary PCCW-HKT Telephone Limited ({{zh|t=香港電話有限公司}}),[4] which was incorporated in 1925 under the name Hongkong Telephone Company, Limited;[3] it was briefly known as Cable & Wireless HKT Telephone Limited ({{zh|t=香港電話有限公司}}) from 1999 to 2000.[3] {{as of|2017|12|31}}, PCCW-HKT[1]{{rp|80}} as well as PCCW-HKT Telephone were still live, wholly owned subsidiaries of PCCW.[1]{{rp|78}} However, the telephone services is now provided by HKT's wholly owned subsidiary Hong Kong Telecommunications (HKT) Limited instead,[12] after a group restructure in 2008.[13]

In October 2011, PCCW shareholders approve a partial spin-off of the assets as HKT on the Hong Kong stock exchange (but excluding the two legal persons PCCW-HKT and PCCW-HKT Telephone, as well as the stake in Reach). HKT is successfully listed on 29 November 2011, as HKT Limited and HKT Trust.[5][6] HKT Limited was incorporated in the Cayman Islands, while its direct parent entity, HKT Trust, was set up in Hong Kong under the laws of Hong Kong.[7]

History

{{refimprove-section|date=March 2018}}

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.[8]

Telecommunications became increasingly important following World War I, and in 1929 the British companies Marconi Wireless and Eastern Telegraph joined to establish Cable and Wireless (C&W). 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.[8]

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.[8]

Chronology

Hong Kong Telephone Company

  • 1906: China and Japan Telephone and Electric Company acquired a 25-year franchised license on fixed-line.[9]
  • 1925: China and Japan Telephone and Electric Company was acquired[10] by Hong Kong Telephone Company Limited (HKTC). The government also granted HKTC a 50 years franchised license on telephone service.[11][12]
  • 1968: HKTC's franchise was extended for another 20 years.[12]
  • 1983: HKTC started to build their own mobile radiotelephone service, which was supplied and installed by NEC;[13] in the next year the service went public under HKTC's subsidiary Communication Services Limited[12]

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[9] (or 1936 according to another source[14])
  • 1962: Cable & Wireless acquired a 25-year franchise for telephone and telegraph services[12]
  • 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).[8] Hong Kong government was a minority shareholder for 20%.[14]
  • 1983: Cable and Wireless (Hong Kong) acquired 34.8% shares of HKTC from Jardine Matheson.[14]
  • 1986: Cable & Wireless also announced plans for an underwater optical fiber cable connecting Hong Kong with Japan and South Korea (a part of APCN), to become operational in 1990.[8]

Hong Kong Telecommunications

  • 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[15][14] 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.[15]
  • 1990: Chinese government controlled CITIC Hong Kong acquired 20% shares of Hong Kong Telecommunications from former British state owned enterprise Cable & Wireless plc.[14]
  • 1995: HKTC's franchise expired. HKTC was one of the 4 companies to receive the new license in local fixed-line services[12]
  • 1999: Hong Kong Telecommunications Limited was renamed to Cable & Wireless HKT;[16] the subsidiaries, HKTC was renamed to Cable & Wireless HKT Telephone Limited;[3][17] HKTI was renamed to Cable & Wireless HKT International.[3]
  • 2000: Cable & Wireless HKT was acquired by PCCW. Cable & Wireless HKT was renamed to PCCW-HKT Limited;[18] the subsidiary HKTC was renamed to PCCW-HKT Telephone Limited;[19] while HKTI was renamed to PCCW-HKT International[3]
  • 2001: the subsidiary HKTI was renamed to Reach Networks Hong Kong,[3] it became a wholly owned subsidiary of Reach Limited instead, a joint venture of PCCW and Telstra;[20] 60% stake of CSL was also sold to Telstra[21]
  • 2002: the remaining stake of CSL, the only mobile network operator of the group, was sold to Telstra
  • 2005: PCCW-HKT takeover Sunday Communications,[22][23] relaunching its mobile network operator as PCCW Mobile
  • 2007: PCCW-HKT Telephone acquired the license of CDMA2000 mobile network operator,[24] and launched the services in the next year.[25]
  • 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.[26] In the same year, some of the subsidiaries of PCCW, were transferred to an intermediate holding company HKT Group Holdings Limited (HKTGH[54]{{rp|42}}), for example PCCW Global, PCCW Mobile, PCCW Media, PCCW Solutions, and engineering division Cascade Limited.[27]{{rp|166}} However, PCCW re-organized HKTGH again in the eve of the 2011 IPO of HKT Limited, which some non-telecommunications businesses were spin-off from HKTGH.[27]{{rp|167}} PCCW Media and PCCW Solutions for example, were directly owned by PCCW again.[28] Also, HKTGH became a subsidiary of HKT Limited.[27]{{rp|169}}

HKT Limited

  • 2011: PCCW made HKT Limited, c/o HKT Trust, a spin-off business that separate listing on the Hong Kong stock exchange.[6]
  • 2012: HKT's PCCW Global acquired Gateway Communications, a satellite services provider[29]
  • 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.[30]{{primary source inline|date=March 2019}}

Subsidiaries and services

{{see also|PCCW#Brands and services}}
  • Netvigator
  • CSL Mobile ("csl", "1O1O" and "Club SIM")
  • SUN Mobile
  • Payment by Phone Service (PPS) – a bill payment service provided by HKT and EPS.[31][32]
  • The Club – a Hong Kong customer loyalty program.[33][34]
  • HKT Payment Limited – the developer of "Tap & Go", a prepaid mobile payment service for Hong Kong users.[35][36]
  • HKT-eye – over-the-top media services and internet protocol TV service delivered to firmware-modified tablet computer[37][38]
  • PCCW Global[39]{{primary source inline|date=March 2019}}
    • Console Connect[30]
Former service
  • iTV, an interactive television[40][41]

Controversy

In 2018, it was exposed that HKT breached the land leases for 4 of their telephone exchange buildings. They were illegally converted to [customers] service centers.[42]

References

1. ^1 2 {{cite web|url=http://www.hkexnews.hk/listedco/listconews/SEHK/2018/0328/LTN20180328828.pdf|title=2017 Annual Report|date=28 March 2018|access-date=9 April 2018|publisher=HKT Limited c/o HKT Trust|via=Hong Kong Exchanges and Clearing website}}
2. ^Telecommunications Authority makes interconnection determination to implement IDD liberalisation
3. ^1 2 3 4 5 6 7 8 9 Data in Hong Kong Companies Registry
4. ^{{cite book|url=http://tel_archives.ofca.gov.hk/en/report-paper-guide/report/rp20050705.pdf|title=Report on the competition impact of the acquisition of shares in SUNDAY by PCCW|date=5 July 2005 |access-date=18 March 2018|publisher=Office of the Communications Authority|location=Hong Kong}}
5. ^{{cite web|url=https://www.hkex.com.hk/Market-Data/Securities-Prices/Equities/Equities-Quote?sym=6823&sc_lang=en|title= HKT TRUST AND HKT LTD. – SS (6823) |access-date=18 March 2018|publisher=Hong Kong Exchanges and Clearing}}
6. ^1 {{cite news|url=http://www.scmp.com/article/985789/pccw-spin-raises-hk93b-global-ipo|title=PCCW spin-off raises HK$9.3b in global I.P.O.|date=24 November 2011|access-date=18 March 2018|work=South China Morning Post|location=Hong Kong}}
7. ^1 {{cite book|url=http://www.hkexnews.hk/listedco/listconews/SEHK/2017/0214/LTN20170214212.pdf|title=2016 Annual Report|date=14 February 2017|access-date=18 March 2018|publisher=HKT Trust c/o HKT Limited|via=Hong Kong Exchanges and Clearing website}}
8. ^1 2 3 4 International Directory of Company Histories, Vol. 30. St. James Press, 2000.
9. ^1 {{cite book|url=https://books.google.com.au/books?id=Nr01DwAAQBAJ|script-title=zh:香港要覽（外三種）|trans-title=Hong Kong crucial guide book plus three other sources|page=101|publisher=Joint Publishing (Hong Kong)|language=zh-hk|translator1=梁英杰|translator2=高翔|translator3=樊敏麗|editor1=趙雨樂|editor2=鍾寶賢|editor3=李澤恩|ISBN=978-962-04-3454-9|date=2017|orig-year=written in Japanese circa 1920s}}
10. ^{{cite news|title=Telephone Question. Terms new agreed upon. Must be confirm by council|date=19 February 1925|work=The Hong Kong Telegraph|via=Hong Kong Public Libraries MMIS|page=1}}
11. ^{{cite book|script-title=zh:白手興家：香港家族與社會 1841-1941|url=https://books.google.com.au/books?id=Fr_sDQAAQBAJ|last1=鄭|first1=宏泰|last2=高|first2=皓|language=zh-hk|page=210|publisher=Chung Hwa Book Company (Hong Kong)}}
12. ^1 2 3 4 {{cite web|url=http://tel_archives.ofca.gov.hk/en/telecom_fact/milestones/main.html|title=Telecom Milestones|access-date=18 March 2018|publisher=Office of the Telecommunications Authority|publication-place=Hong Kong}}
13. ^{{cite news|script-title=zh:電話今後六年　投資逾五十億　將發展流動無線電電話|trans-title=Telephone will invest 5 billion in the next 6 years; will develop mobile radiotelephone|date=30 March 1983|work=The Kung Sheung Evening News|publisher=Industrial and Commercial Daily Press|location=Hong Kong|language=zh-hk|via=Hong Kong Public Libraries MMIS}}
14. ^1 2 3 4 {{cite book|url=https://books.google.com.au/books?id=MRGvAAAAQBAJ|script-title=zh:香港中資財團|author=郭國燦|page=218–219|language=zh-hk}}
15. ^1 {{cite news|script-title=zh:電話與大東電報合併　改名為香港電訊上市　兩股電話換一新公司股份另五送一股證　合併後總市值八百多億成本港最大上市公司|date=20 October 1987|work=Ta Kung Pao|location=Hong Kong|language=zh-hk|via=Hong Kong Public Libraries MMIS}}
16. ^Hong Kong: Telecoms and technology background {{dead link|date=March 2018}}
17. ^{{cite web|url=https://www.gov.hk/en/residents/government/publication/consultation/docs/2000/Broadband.pdf|title=Broadband Interconnection|date=3 November 1999|access-date=18 March 2018|publisher=Office of the Communications Authority|location=Hong Kong|page=7}}
18. ^Milestones of Telecommunications in Hong Kong {{webarchive|url=https://web.archive.org/web/20090708134734/http://www.ofta.gov.hk/en/telecom_fact/milestones/main.html |date=2009-07-08 }}
19. ^Cable & Wireless HKT, CyberWorks fall after pact
20. ^{{cite press release|url=http://www3.hkexnews.hk/listedco/listconews/sehk/2016/1223/LTN20161223193.pdf|title=Continuing connected transactions|date=23 December 2016|access-date=11 March 2019|publisher=Pacific Century Premium Developments|via=Hong Kong Exchanges and Clearing website}}
21. ^{{cite press release|url=http://www.reach.com/news/in_the_news_archive/20010207_Telstra_and_PCCW_Join_Forces_In_Pan.pdf|title=Telstra and PCCW Launch Joint Ventures|date=7 February 2001|access-date=18 March 2018|publisher=Reach}}
22. ^{{cite news|last1=Lau|first1=Justine|title=PCCW returns to wireless with Sunday buy | url= http://www.ft.com/cms/s/2/3938548c-dc1e-11d9-819f-00000e2511c8.html |work=Financial Times|publication-place=London|location=Hong Kong|date=13 June 2005|access-date=28 February 2018}}
23. ^{{cite news|first1=Mark|last1=Lee|last2=Wong|first2=Ka-chun|title=PCCW returns to mobiles with $1.94b bid for Sunday|url=http://www.thestandard.com.hk/stdn/std/Front_Page/GF14Aa02.html|work=The Standard|location=Hong Kong|publisher=Sing Tao News Corporation |date=14 June 2005|archiveurl=https://web.archive.org/web/20060309053535/http://www.thestandard.com.hk/stdn/std/Front_Page/GF14Aa02.html|archivedate=24 August 2013|access-date=28 February 2018}}
24. ^{{cite press release|url=http://www.info.gov.hk/gia/general/200710/15/P200710150203.htm|title= Results of spectrum auction for provision of CDMA2000 mobile services|date=15 October 2007|access-date=18 March 2018|publisher=Office of the Telecommunications Authority|location=Hong Kong}}
25. ^Hong Kong's CDMA2000 Mobile Network Finally Launched
26. ^1 {{cite press release|url=https://www.moodys.com/research/Moodys-assigns-Baa2-rating-to-HKT-outlook-negative--PR_168235|title= Rating Action: Moody's assigns Baa2 rating to HKT; outlook negative |date=28 November 2008|access-date=18 March 2018|publisher=Moody's }}
27. ^1 2 3 {{cite book|type=prospectus |url=http://www3.hkexnews.hk/listedco/listconews/SEHK/2011/1116/LTN20111116015.pdf|title=Global Offering|date=16 November 2011|access-date=16 March 2019|publisher=HKT Limited c/o HKT Trust|via=Hong Kong Exchanges and Clearing website}}
28. ^{{cite report|url=http://www3.hkexnews.hk/listedco/listconews/SEHK/2012/0326/LTN20120326620.pdf|title=2011 Annual Report|date=26 March 2012|access-date=18 March 2019|publisher=PCCW||pages=97–98|publication-place=Hong Kong|via=Hong Kong Exchanges and Clearing website}}
29. ^{{cite news|url=https://www.iol.co.za/business-report/economy/vodacom-gateway-unit-sold-for-26m-1315652|title=VODACOM Gateway unit sold for $26m|date=11 June 2012|access-date=11 March 2019|agency=Bloomberg|website=Independent Online|publisher=Independent Media (Pty) Ltd|publication-place=Cape Town }}
30. ^1 {{cite press release|url=https://www.pccwglobal.com/en/news-room/2017/541-console-connect-acquired|title=Console Connect Acquired|date=6 November 2017|access-date=11 March 2019|publisher=PCCW Global}}
31. ^{{cite web|url=https://www.ppshk.com/hkt/revamp2/English/AboutUs.html|title=About Us|publisher=PPS |publication-place=Hong Kong|access-date=11 March 2019}}
32. ^{{cite news|url=https://hk.news.appledaily.com/local/daily/article/20070905/10115360|script-title=zh:繳費靈4戶口被盜15萬　17歲少年　承認46項罪　判教導所 |date=5 September 2007|access-date=11 March 2019|work=Apple Daily|publisher=Next Media|language=zh-hk|location=Hong Kong}}
33. ^{{Cite news|url=http://www.scmp.com/article/1681846/club-rewards-hkt-premier-customers-their-loyalty|title=The Club rewards HKT Premier customers for their loyalty|work=South China Morning Post|access-date=2018-01-26|language=en}}
34. ^{{Cite web|url=https://www.theclub.com.hk/eng/about/index.jsp|title=The Club {{!}} An exciting rewards program {{!}} Offers you a variety of events and privileges to meet your lifestyle and entertainment needs|website=www.theclub.com.hk|access-date=2018-01-26}}
35. ^{{Cite web|url=https://www.cw.com.hk/digital-transformation/hkt-debuts-tap-go-nfc-payment-service|title=HKT debuts Tap & Go NFC payment service|work=ComputerWorld Hong Kong|language=en|access-date=2018-01-26}}
36. ^{{Cite news|url=http://www.scmp.com/business/article/2015144/hong-kongs-hkt-expands-mobile-payment-service-part-fintech-push|title=Hong Kong’s HKT expands mobile payment service as part of fintech push|work=South China Morning Post|access-date=2018-01-26|language=en}}
37. ^{{cite news|url=http://the-sun.on.cc/cnt/finance/20130712/00434_025.html|script-title=zh:香港電訊檢討固網月費|date=12 July 2013|access-date=19 March 2018|work=The Sun|publication-place=Hong Kong|publisher=Oriental Press Group|language=zh-hk}}
38. ^{{cite news|url=https://hk.news.appledaily.com/local/daily/article/20080817/11486183|script-title=zh:被游說裝 eye多媒睇得物無所用 |date=17 August 2008|access-date=19 March 2018|work=Apple Daily|publisher=Next Media|language=zh-hk|location=Hong Kong}}
39. ^{{Cite press release|url=https://www.pccwglobal.com/en/news-room/2018/567-pccw-global-to-link-rodrigues-with-high-speed-undersea-cable-for-mauritius-telecom|title=PCCW Global to link Rodrigues with high speed undersea cable for Mauritius Telecom |publisher=PCCW Global|language=en|access-date=2018-04-07|date=5 March 2018|location=Hong Kong}}
40. ^{{cite news|url=http://www.scmp.com/article/386023/lingering-legacy-itv|title=Lingering legacy of iTV|access-date=19 March 2018|work=South China Morning Post|publication-place=Hong Kong}}
41. ^{{cite news|url=http://www.scmp.com/article/259443/itv-chief-expects-break-even-2-years|title=iTV chief expects to break even in 2 years|date=21 October 1998|access-date=19 March 2018|work=South China Morning Post|publication-place=Hong Kong}}
42. ^{{cite news|url=http://www.scmp.com/news/hong-kong/economy/article/2137408/hkt-slapped-warning-after-four-services-centres-found-breach|title=HKT slapped with warning after four service centres found in breach of land leases|date=15 March 2018|access-date=18 March 2018|work=South China Morning Post|location=Hong Kong}}
{{PCCW|state=expanded}}

6 : Telecommunications companies of Hong Kong|Companies established in 1925|1925 establishments in Hong Kong|Companies listed on the Hong Kong Stock Exchange|Former companies in the Hang Seng Index|Pacific Century Group
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