New World PCS

New World PCS Limited ( abb. NWPCS) was a mobile network operator (MNO) of Hong Kong.

History

New World PCS Limited was a subsidiary of New World Development that was incorporated on 16 February 1995. In 1997 the brand New World Mobility was launched.[2]

In 2004 New World Development started to own the MNO via another listed intermediate holding company New World Mobile Holdings.[3][4] Previously, New World PCS Holdings, the direct parent company of New World PCS, as well as New World Telecommunications, were sister companies that under the same direct parent company New World Telephone Holdings, which in turn it was owned by New World Development.

In 2006, NWPCS merged with Hong Kong CSL to form CSL New World Mobility,[5] an intermediate holding company that was owned by Telstra (76.4%)[5] and New World Development (23.6%).[6][5] It is no longer the direct subsidiary of New World Mobile Holdings Limited and New World Development.[5][7][8]

In 2008 New World PCS Limited was renamed to CSL Limited,[1] with the old CSL (Hong Kong CSL Limited) became its subsidiary.[9] However, the brand New World Mobility was still used by the group in the same year (used by New World Mobility Limited, a joint venture of CSL Limited[9]), which eventually became Sun Mobile in 2014.

References

  1. Data in Hong Kong Companies Registry^
  2. 2004–05 Annual Report New World Mobile Holdings, 26 October 2005^
  3. Company Background of New World Mobility retrieved 2019-05-05^
  4. Proposed Acquisition of New World PCS Holdings Limited by Asia Logistics Technologies Limited New World Development, 1 April 2004, retrieved 27 February 2018^
  5. https://hk.finance.appledaily.com/finance/daily/article/20051210/5473938 Apple Daily, Next Media, 10 December 2005, retrieved 28 February 2018^
  6. New World PCS and Hong Kong CSL Mobile Merger Completed New World Development, 31 March 2006, retrieved 28 February 2018^
  7. New World PCS and Hong Kong CSL Mobile Merger Completed retrieved 2008-12-12^
  8. New World Mobility Customer Charter retrieved 2008-12-12^
  9. Joint Announcement PCCW Limited and HKT Trust c/o HKT Limited, 20 December 2013, retrieved 28 February 2018^