PCCW

• Netvigator
• CSL Mobile ("csl", "1O1O" and "Club SIM")
• Sun Mobile (majority stake)
• PPS (Payment by Phone Service) – a bill payment service provided by HKT and EPS.[4][5]
• The club – a Hong Kong customer loyalty programme.[6][7]
• HKT Teleservices – formerly PCCW Teleservices, a contact centers and business process outsourcing provider[8]
• HKT Payment Limited – the developer of "Tap & Go", a prepaid mobile payment service for Hong Kong users.[9][10]
• HKT-eye – over-the-top media services and Internet Protocol TV service delivered to firmware-modified tablet computer[11][12]
• PCCW Global[13]
  • Console Connect[14]
  • Crypteia Networks [15]

Moov is a lossless music digital streaming service based in Hong Kong. It provides music content, including songs, concert videos, MVs, and other music shows, under a monthly fee.

Former service

• iTV, an interactive television[16][17]

Viu is an Over-the-top (OTT) video service operated by PCCW Media, providing popular Korean dramas and variety shows.

ViuTV and ViuTVsix are a general entertainment television channels in Hong Kong operated by HK Television Entertainment (HKTVE). The channel serves as a free-to-air outlet for television programmes shown on the channels operated by Now TV. In 2015, HK Television Entertainment was granted a 12-year free-to-air television broadcast license by the Hong Kong Government.[18]

PCCW Solutions is the information technology services and business process outsourcing (BPO) division of PCCW. Press releases prior to February 2006 refer to PCCW Solutions by the name Unihub.[19] Unihub was a re-branding of PCCW's Business eSolutions division, from 1 September 2003.[20]

Business eSolutions division formed a venture with China Telecom to provide IT solutions to major business organisations in 2002. This was in addition to PCCW's PCITC alliance with Sinopec, formed to serve Sinopec plus other players in China's petrochemical sector. The division also contributed to the new Hong Kong Identity Card system in 2003.[19]

In early 2003, Business eSolutions entered a contract to provide services for Bank of China's credit card back office processing system in China.[21] It also extended a 2002 enterprise resource planning (ERP) project into more provinces for China Mobile and completed the flight information display system (FIDS) for Xiamen Airport, and a human resource management and financial management system for the Hong Kong Council of Social Service.[22]

On August 15, 2022, PCCW and Lenovo started a strategic partnership to create a technology solutions business, forming Lenovo PCCW Solutions (LPS).

Lenovo becomes an effective 84% shareholder in Lenovo PCCW Technology Solutions (PLTS) via a direct 80% interest in PLTS and a 20% stake in PCCW Network Services, the holding company of PCCW's remaining IT solutions obligations in Hong Kong. LPS will focus on expanding its activities across Asia, including Hong Kong, Macau, Mainland China, Singapore, and The Philippines.

Lenovo and PCCW believe it represents over $300B in addressable IT Services market opportunity.[23]

Majority-owned by PCCW, Pacific Century Premium Developments ("PCPD", SEHK: 432) develops and manages property and infrastructure projects, as well as investments in buildings in the Asia-Pacific region. PCCW acquired a majority stake in Dong Fang Gas Co. Ltd through a back door listing in 2004, injecting the development rights to the Cyberport project, which includes the Bel-Air residential development, and renamed it Pacific Century Premium Developments.[24][25]

Apart from the Bel-Air residential development, PCPD holds the right of first refusal to redevelop 60 PCCW-owned telephone exchange buildings into residential and commercial properties.[24]

The UK Broadband Group (shortened to UKBG for marketing) is a wholly owned subsidiary and upstream service provider. Its UK business has been a failure. In June 2014, UKBG launched a 4G service in central London. In February 2017, PCCW agreed to sell UKBG to related company CK Hutchison Holdings.[26][27][28]

According to the leaked document, undersea cabling company Reach – a joint venture of Telstra (then 50.1 percent-owned by the Australian Government) and PCCW, a Hong Kong corporation – had to send all communications to or from US to a storage facility "physically located in the United States, from which Electronic Surveillance can be conducted pursuant to Lawful US Process." The document also specifies the facility should be run exclusively by US FBI staff.[36][37]

Although PCCW's substantial shareholder China Netcom had earlier expressed objection to any disposal of key assets to foreign groups, it also refused to increase its stake; Richard Li attempted to exit from the business in 2006. Li received competing offers from two consortia led by Australia's Macquarie Bank and private equity firm Texas Pacific Group/Newbridge, submitted expressions of interest last month to acquire PCCW's core telecom and media assets.[38]

PCCW chairman Richard Li has agreed to sell his indirectly held 22.66 percent stake in PCCW on 11 July 2006 to Fiorlatte Ltd, a new startup company wholly owned by Francis Leung Pak-to, for a total consideration of HK$9.16 billion. In turn, Francis Leung Pak-to has agreed to sell an 8% stake in PCCW to Telefónica for 323 million euros. Leung, former Peregrine investment banker, is closely associated with Li Ka-shing. PCCW's stock, which had joined Hang Seng Index (HSI) index on 9 August 2000,[39] ceased to be a HSI constituent, effective 10 June 2008.[40]

News report from the Sunday Times on 6 February 2003 revealed that PCCW made a preliminary takeover approach to Cable & Wireless in December 2002 as the British company's share languished near record lows.[41]

Li told the Sunday Times newspaper that PCCW would not launch a hostile bid for C&W but that the two companies could work together to enhance shareholders' value.

The Times quoted Li as saying that he was planning to try again that week with a two billion pound (US$3.27 billion) bid for C&W. Following the news report, PCCW issued a statement through the Hong Kong stock exchange on 6 February 2003 morning saying it had not made a formal offer for C&W and was not in takeover talks with the company. Later in the day, in London and Hong Kong, PCCW issued statements saying it had made a preliminary takeover approach to C&W in a letter at the end of 2002.

PCCW apologised on 10 February 2003 for making what some in the market see as contradictory statements. The Hong Kong Stock Exchange demanded an explanation from PCCW after noting discrepancies between the two statements regarding its approach to C&W about a possible bid.

In any case, C&W had rebuffed PCCW's takeover approach by February 2003.[42]

In a heated shareholders meeting held on 4 February 2009, which lasted seven and a half hours, the shareholders approved the PCCW plan allowing its majority shareholders to force out all minority shareholders of the company amidst allegations of vote-buying.[43] Privatisation would allow PCCW to be delisted from Hong Kong Stock Exchange,[44] while its parent would remain listed in Singapore.

Governance activist David Webb alerted the authorities to allegations that hundreds of agents at Fortis Insurance Co. (Asia), once part of PCCW, may have been given board lots of 1,000 PCCW shares.[45] The Securities and Futures Commission found that Francis Yuen, a Li associate, and member of the buyout group, had instructed a senior executive at Fortis to distribute PCCW shares to about 500 Fortis agents. Yuen and Fortis Asia regional director, Inneo Lam, had exchanged telephone calls shortly before Lam ordered half a million PCCW shares that were later split into board lots and given away to his staff;[46] Lam's secretary had asked for, and received, share transfer forms from Yuen's secretary. Majority shareholders gained approval from the High Court to proceed with their US$2.2 billion privatisation, but the Appeals Court unanimously overturned the ruling.[47]