|Apr 21, 2017|
|Apr 21, 2017|
Currency in HKD
|Full time employees:||25,000|
PCCW Ltd. is an investment holding company, which holds interests in telecommunications, media, IT solutions, property development and investment, and other businesses. It operates through the following business segments: HKT, Media Business, Solutions Business, Pacific Century Premium Developments, and Other businesses. The HKT segment provides a range of services, including local telephone, local data and broadband, international telecommunications, mobile and other telecommunications business such as customer premises equipment sales, outsourcing, consulting, and contact centers. The Media Business segment includes interactive pay-TV service and Internet portal multimedia entertainment platform. The Solutions Business segment offers information and communications technologies services and solutions. The Pacific Century Premium Developments segment covers the property portfolio in Hong Kong and mainland China. The Other Businesses segment offers the wireless broadband business in the United Kingdom and all corporate support functions. The company was founded on April 24, 1979 and is headquartered in Hong Kong.
PCCW is a major telecommunications company in Hong Kong. It has a workforce of more than 23,000. The company also works in real estate development and investment, media and information technology solutions. Its does business in East Asia, Europe, the U.S. and the Middle East. PCCW has a majority stake in HKT, Hong Kong's largest cellphone carrier. HKT operates telecom services including broadband, equipment sales, outsourcing and consulting businesses as a core unit of PCCW.
PCCW has also been strengthening its presence in broadcasting. It owns now TV, Hong Kong's leading subscription broadcaster. The company plans to expand its video-on-demand business in emerging markets through U.S.-based subsidiary Vuclip. PCCW also received a free-to-air broadcasting license from the Hong Kong government in April 2015. Its subsidiary Hong Kong Television Entertainment will launch a 24-hour Cantonese channel in 2016 and an English-language channel by 2017. PCCW will invest 2.7 billion Hong Kong dollars ($348 million) in the new channels over their first 10 years.
Chairman Richard Li Tzar-kai is the second son of Li Ka-shing, one of Asia's richest men. Li Ka-shing leads Hong Kong conglomerate CK Hutchison Holdings. PCCW is around 25% owned by Singapore-based investment company Pacific Century Regional Developments, which is also led by Richard Li Tzar-kai.
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- Local currency
- US Dollar
|Income before tax||4,227M|
|Dividends per share||0.28|
|Operating cash flow||9,988M|
Currency in HKD
|Income before tax||544.54M|
|Dividends per share||0.03|
|Operating cash flow||1,286.70M|
Currency in USD
- Group Managing Director & Executive Director: Srinivas Bangalore Gangaiah
- Group Chief Financial Officer & Executive Director: Hon Hing Hui
- Managing Director: Janice Lee
- Head-Investor Relations: Marco Wong
- Head-Group Human Resources: Lai Sim Chow
- Pacific Century Regional Developments Ltd.(22.7%)
- China State-Owned Assets Supervision & Admn Commission(18.4%)
- LI TZAR KAI RICHARD(6.2%)
- Allianz Global Investors Asia Pacific Ltd.(1.4%)
- BlackRock Fund Advisors(1.3%)
- The Vanguard Group, Inc.(1.1%)
- Norges Bank Investment Management(0.9%)
- Schroder Investment Management Ltd.(0.7%)
- BlackRock Asset Management Deutschland AG(0.7%)
- BlackRock Advisors (UK) Ltd.(0.5%)
- Website: http://www.pccw.com
- Address: 41st Floor, PCCW Tower, TaiKoo Place, 979 King's Road, Hong Kong, Hong Kong
- Phone: +852.2888.2888
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