Hong Kong Telecom - History

History

  • 1988: Hong Kong Telecommunications Limited was formed by merger of Hong Kong Telephone Company Limited (HKTC) and Cable and Wireless (Hong Kong) Limited. It replaced HKTC to be listed on the Hong Kong Stock Exchange and the member of Hang Seng Index Constituent Stocks (blue-chip).
  • 1990: Hong Kong Telecommunications Limited was restructured to four wholly owned operating companies: Hong Kong Telephone Company Limited (HKTC), Hong Kong Telecom International Limited (formerly Cable and Wireless (Hong Kong) Limited), Hong Kong Telecom CSL Limited and Computasia Limited.
  • 1995: Hong Kong Telecom's franchise expired. New companies were allowed to provide local fixed telecommunication services on a competitive basis.
  • 1999: Hong Kong Telecom was renamed to Cable & Wireless HKT.
  • 2000: Hong Kong Telecom was acquired by and merged to Pacific Century Cyberworks. It was renamed to PCCW-HKT Limited.

Read more about this topic:  Hong Kong Telecom

Famous quotes containing the word history:

    Universal history is the history of a few metaphors.
    Jorge Luis Borges (1899–1986)

    It would be naive to think that peace and justice can be achieved easily. No set of rules or study of history will automatically resolve the problems.... However, with faith and perseverance,... complex problems in the past have been resolved in our search for justice and peace. They can be resolved in the future, provided, of course, that we can think of five new ways to measure the height of a tall building by using a barometer.
    Jimmy Carter (James Earl Carter, Jr.)

    History ... is, indeed, little more than the register of the crimes, follies, and misfortunes of mankind.
    But what experience and history teach is this—that peoples and governments have never learned anything from history, or acted on principles deduced from it.
    Georg Wilhelm Friedrich Hegel (1770–1831)