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April 19, 2015 3:23 PM ET

Diversified Telecommunication Services

Company Overview of Hong Kong Broadband Network Limited

Company Overview

Hong Kong Broadband Network Limited provides telecommunications services to business and residential markets in Hong Kong. It offers high-speed Fibre-to-the-Home broadband services to approximately 2.1 million homes and 1,900 commercial buildings, as well as Wi-Fi wireless broadband services that covers approximately 11,000 Wi-Fi hotspots. The company also provides fiber broadband solutions up to 100mbps; designs and implements Wi-Fi networks for organizations and enterprises; enables clients to combine, read, and respond to multiple email hosting services on a single interface; and offers IT onsite support and high speed Internet connectivity services. In addition, it offers Infrastructure-...

Trans Asia Centre

12th Floor

18 Kin Hong Street, Kwai chung

New Territories

Hong Kong,  

Hong Kong

Founded in 1992

2,511 Employees

Key Executives for Hong Kong Broadband Network Limited

Chief Executive Officer and Executive Director
Age: 53
Total Annual Compensation: $10.1M
Chief Financial Officer, Head of Talent Engagement and Director
Age: 44
Total Annual Compensation: $6.6M
Compensation as of Fiscal Year 2014.

Hong Kong Broadband Network Limited Key Developments

Hong Kong Broadband Network Limited Adopts Amended and Restated Memorandum and Articles of Association

Hong Kong Broadband Network Limited adopted amended and restated memorandum and articles of association, effective on March 12, 2015.

Hong Kong Broadband's IPO To Be Reportedly Launched In 2015

Banks have begun pitching CVC Capital Partners Limited for the initial public offering (IPO) of Hong Kong Broadband Network Limited, Wall Street Journal reported citing people with knowledge of the matter. The IPO could raise between $500 million and $1 billion and is scheduled to take place in the first quarter of 2015. CVC Capital Partners Limited declined to comment, while Hong Kong Broadband Network Limited said it is considering numerous options with no fixed time frame.

Hong Kong Broadband Reportedly Mulls An IPO

Hong Kong Broadband Network Limited is planning an initial public offering (IPO) of up to $500 million in the first half of 2015, IFR reported, citing people with direct knowledge of the plans. IFR added that Hong Kong Broadband has invited banks to pitch on a role in the proposed IPO, with a deadline for proposals set for the end of next week. CVC Capital Partners Limited did return requests for comment, Reuters added.

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