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:

    Racism is an ism to which everyone in the world today is exposed; for or against, we must take sides. And the history of the future will differ according to the decision which we make.
    Ruth Benedict (1887–1948)

    No event in American history is more misunderstood than the Vietnam War. It was misreported then, and it is misremembered now.
    Richard M. Nixon (b. 1913)

    Systematic philosophical and practical anti-intellectualism such as we are witnessing appears to be something truly novel in the history of human culture.
    Johan Huizinga (1872–1945)