PCCW Mobile explained

PCCW Mobile HK
Trade Name:SUNDAY (former trading name)
Type:subsidiary
Foundation: in British Hong Kong
Former Name:Mandarin Communications
Location Country:Hong Kong
Successor:CSL Mobile
Fate:merged with CSL Limited(Hong Kong)
Defunct:2014
Area Served:Hong Kong
Industry:Mobile communication
Parent:HKT
Owner:HKT (100%)

PCCW Mobile HK Limited previously known as Mandarin Communications Limited, was a subsidiary of PCCW (via HKT) involving mobile network operator of 2G and 3G in Hong Kong. It was previously owned by a Caymans-incorporated Hong Kong listed company Sunday Communications until 2006.

The company also owned the license of internet service provider and international direct dialing of Hong Kong.

History

PCCW Mobile HK, previously known as "Mandarin Communications" (registered Chinese name Chinese: 匯亞通訊有限公司; trading as SUNDAY[1]), was a Hong Kong company that was incorporated in 1994. Mandarin Communications launched its 2G GSM 1800 network in 1997.[2]

Mandarin Communications was a subsidiary of the listed company Sunday Communications since 2000. In 2004, the company signed a contract with Huawei, a Chinese telecommunications company, for the supply and installation of a 3G network to SUNDAY,[3] as well as purchasing the shares of its parent company Sunday Communications.[4] The group acquired the 3G license of Hong Kong via Sunday 3G (Hong Kong) Limited (stylized as SUNDAY 3G),[5] [6] a wholly owned subsidiary of Mandarin Communications.[7]

However, the parent company, Sunday Communications, was acquired by PCCW in 2005,[8] and the subsidiary, Mandarin Communications, was renamed to "PCCW Mobile HK Limited" in 2007, after Sunday Communications selling Mandarin Communications and other businesses to its parent company in 2006.[9] PCCW made this acquisition to return to mobile business after it sold Hong Kong CSL Limited to Australia's Telstra in 2001–02.[10] [11]

Nevertheless, after PCCW, via its subsidiary HKT, re-acquired CSL (known as a different legal person, CSL Limited, at that time) and its parent company CSL New World Mobility from Telstra and New World Development in December 2013,[12] [13] [14] [15] PCCW ceased to use the brand PCCW in its mobile network operator services, which the legal person of PCCW Mobile HK was renamed to CSL Mobile Limited instead, in 2014.[16] [17]

Notes and References

  1. Book: http://www.hkexnews.hk/listedco/listconews/gem/2007/1011/08313_232001/E106.pdf. Definitions. Prospectus . International Elite. Hong Kong. Hong Kong Exchanges and Clearing website.
  2. Book: http://www.hkexnews.hk/listedco/listconews/SEHK/2001/0404/0866/F104.pdf. Corporate Profile. 2000 Annual Report. 4 April 2001. 28 February 2018. Sunday Communications. Hong Kong Exchanges and Clearing website.
  3. News: http://www.cnetnews.com.cn/2004/0514/117008.shtml. zh:华为与Sunday签3G供应协议 并增持该公司股份. ZDNet China . CBS Interactive. zh-cn. cnetnews.com.cn. 14 May 2004. 28 February 2018.
  4. News: http://tech.sina.com.cn/it/t/2004-05-27/1906368396.shtml. zh:华为继续增持Sunday股份 所持比例上调至8.02%. 27 May 2004. 28 February 2018. 计算机世界网. zh-cn. Sina website.
  5. News: Hong Kong Government Announces Four Winners of 3G Mobile Licenses. 20 September 2001. The Wall Street Journal. subscription . H. Asher Bolande. Hong Kong. New York City. Dow Jones & Company.
  6. News: Hong Kong Cancels Auction Of Third-Generation Licenses City's 4 Mobile Firms Were the Only Bidders. 20 September 2001. The Asian Wall Street Journal. H. Asher Bolande. Hong Kong. 0377-9920. Factiva. Dow Jones & Company.
  7. Book: Report on the competition impact of the acquisition of shares in SUNDAY by PCCW. 5 July 2005 . 18 March 2018. Office of the Communications Authority. Hong Kong.
  8. News: PCCW returns to wireless with Sunday buy . 13 June 2005. 28 February 2018. Financial Times. London. Hong Kong. Justine. Lau.
  9. (1) Very substantial disposal and connected transaction, (2) voluntary withdrawal of listing and proposed distribution. 7 November 2006. 28 February 2018. Sunday Communications. Hong Kong Exchanges and Clearing website.
  10. News: Mark. Lee. Wong. Ka-chun. PCCW returns to mobiles with $1.94b bid for Sunday. The Standard. Hong Kong. Sing Tao News Corporation . 14 June 2005. https://web.archive.org/web/20060309053535/http://www.thestandard.com.hk/stdn/std/Front_Page/GF14Aa02.html. 9 March 2006. 28 February 2018.
  11. News: Telecom: Hong Kong Regulator Clears PCCW Purchase . 6 July 2005. The Asian Wall Street Journal. Hong Kong. 0377-9920. Factiva. Dow Jones & Company.
  12. News: https://www.mpfinance.com/fin/daily2.php?node=1463627699909&issue=20160219. zh:剝離非核心資產 鄭氏兩年套近400億. 19 February 2016. 27 February 2018. Ming Pao. Media Chinese International. Hong Kong. zh-hk.
  13. Disclosable transaction Disposal of 23.6% interest in CSL New World Mobility Limited. 20 December 2013. 27 February 2018. New World Development. Hong Kong. Hong Kong Exchanges and Clearing.
  14. Joint Announcement. 20 December 2013. 28 February 2018. PCCW Limited and HKT Trust c/o HKT Limited. Hong Kong Exchanges and Clearing website.
  15. News: HKT eyes smooth takeover of CSL New World Mobility. 27 February 2014. 28 February 2018. South China Morning Post. Hong Kong.
  16. Data in Hong Kong Companies Registry
  17. NOTES TO THE HKT TRUST AND HKT LIMITED CONSOLIDATED FINANCIAL STATEMENTS. http://www.hkexnews.hk/listedco/listconews/SEHK/2015/0313/LTN20150313334.pdf. 2014 Annual Report. 13 March 2015. HKT Trust c/o HKT Limited. Hong Kong Exchanges and Clearing website. 109.

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