Unleashing the Power of Business Through Tri-carrier Network Diversity and a Full Suite of ICT Services
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HONG KONG, CHINA�-�Media
OutReach�-�2 September 2019 - HKBN
Ltd. ("HKBN"; SEHK stock code: 1310) announced today that integration of its enterprise
solutions businesses is now largely completed,
just four
months after the acquisition of WTT HK Limited ("WTT"). WTT has been renamed to HKBN Enterprise Solutions
HK Limited.
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As HKBN realizes synergies
and scale, it is now in a far stronger position to offer better value
alternatives than the legacy incumbent HKT. HKBN is well
on
track:
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- To
be the
only telecom operator in Hong Kong operating three fibre-optic networks,
achieving unprecedented network diversity with ultra-high resilience and
network reliability. The combined coverage of the
three networks
encompasses over 7,000 commercial buildings and facilities across Hong Kong. - To
be in a position to offer a comprehensive range of premier ICT solutions to
support the wide-ranging business needs of enterprise customers across different
industries and scale of operations. This position will be
further strengthened with the upcoming addition of JOS. - To
harvest
cross-selling opportunities and expand its enterprise
market presence with an enterprise customer base of more than 100,000.
Billy Yeung, HKBN Co-Owner and CEO -- Enterprise Solutions
said, "Our aspiration is to become the primary carrier of choice within the
Enterprise segment. With our unique tri-carrier network diversity and scale from
the integration of HKBN, NWT and WTT, we are now strongly positioned to deliver
a compelling service and value alternative to HKT. Just like HKBNES' mantra, "Unleashing
the Power of Business" we are here to empower our customers to advance their businesses."
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NiQ Lai, HKBN Co-Owner and
Group CEO added, "The lesson we learnt from the NWT integration back in 2016
was a great warm-up for this WTT integration. HKBN is the only carrier run by
Co-Owners and similar to how NWT executives became our Co-Owners, we will be
offering a similar opportunity to our WTT colleagues. As Co-Owners, we care far
more than merely salaried employees and are far more empowered to do whatever
it takes to partner with our customers rather than merely selling services to them."
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Currently HKBN is run by
over 300 Co-Owners -- supervisory-and-above-level Talents who have voluntarily invested
their savings in HKBN stock. Following the recent approval of a new round of
Co-Ownership Plan1, around 1,000 Talents are eligible to join the
Plan to have strong interest alignment with shareholders and
customers.
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For
more information about HKBN Enterprise Solutions, please visit www.hkbnes.net/en.
About HKBN Ltd.
HKBN Ltd. (SEHK Stock Code: 1310, together with its
subsidiaries, "HKBN" or the "Group") is an investment holding company. The
Group is a leading Information and Communications Technology (ICT) services
provider in Hong Kong, offering a comprehensive range of premier ICT services
to both the enterprise and residential markets, including broadband, data
connectivity, managed Wi-Fi, mobile, voice communications, data centre
facilities, business continuity services, information security, system
integration and various cloud solutions. HKBN's extensive fibre networks cover
2.3 million residential homes and over 7,000 commercial buildings and
facilities across Hong Kong. HKBN embraces "Make our Hong Kong a Better Place
to Live" as its core purpose, and it takes great pride in developing its
Talents into a competitive advantage. The Group is managed by Co-Owners
(supervisory and management level Talents in the Group) who have invested their
own savings to buy shares of HKBN Ltd.
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