Hong Kong Broadband Network

HKBN Announces Solid FY22 Annual Results

Retrieved on: 
Thursday, October 27, 2022
Benchmark, PTE, Growth, Pakistan Software Export Board, Board, Transformation, SEHK, Solution, OTT, COVID-19, Industry, Wi-Fi, Company, Constituent, AA, Co-ownership, EBITDA, Human, Telecommunication, Lead, ICT, Mobility as a service, Information and communications technology, Communication, AFF, BHD, Adjustment, HKBN, Improper integral, Renewable energy, Agriculture, Mobile phone, Video game, Hong Kong Broadband Network, Group

HONG KONG, Oct. 27, 2022 /PRNewswire/ -- HKBN Ltd. ("HKBN" or the "Company"; SEHK stock code: 1310) announced solid operational and financial results for the year ended 31 August 2022 ("FY22"). Amid challenging conditions like COVID-19's fifth wave hitting Hong Kong's economy hard and a tougher economic landscape, HKBN demonstrated its strong resilience and delivered a solid set of results in FY22, buoyed by its integration synergies, strategic partnerships and Infinite-play. Key highlights of FY22 results include:

Key Points: 
  • HONG KONG, Oct. 27, 2022 /PRNewswire/ -- HKBN Ltd. ("HKBN" or the "Company"; SEHK stock code: 1310) announced solid operational and financial results for the year ended 31 August 2022 ("FY22").
  • Amid challenging conditions like COVID-19's fifth wave hitting Hong Kong's economy hard and a tougher economic landscape, HKBN demonstrated its strong resilience and delivered a solid set of results in FY22, buoyed by its integration synergies, strategic partnerships and Infinite-play.
  • Key highlights of FY22 results include:
    Despite the challenging economic environment, revenue grew year-on-year at 1% to $11,626 million.
  • *On 3 January 2022, HKBN completed the disposal of 60% of the issued share capital of HKBN JOS (SINGAPORE) PTE.

Despite COVID-19, HKBN Delivers Solid Growth for the 6 months ended 28 Feb 2021

Retrieved on: 
Wednesday, April 21, 2021
Hong Kong Broadband Network, Hong Kong Stock Exchange, Companies, Economy of Hong Kong, Economy, City Telecom

b'HONG KONG, April 21, 2021 /PRNewswire/ -- Despite the prolonged COVID-19 pandemic, HKBN Ltd. ("HKBN" or the "Company"; SEHK stock code: 1310) today announced solid operational and financial growth results for the six months ended 28 February 2021 ("1H2021").

Key Points: 
  • b'HONG KONG, April 21, 2021 /PRNewswire/ -- Despite the prolonged COVID-19 pandemic, HKBN Ltd. ("HKBN" or the "Company"; SEHK stock code: 1310) today announced solid operational and financial growth results for the six months ended 28 February 2021 ("1H2021").
  • Limited and its subsidiaries, Adura Hong Kong Limited and ADURA CYBER SECURITY SERVICES PTE.
  • Meanwhile, the Company sees lower customer switching activity and higher upsell opportunities on its OTT and other services.
  • HKBN\'s tri-carrier fibre infrastructure in Hong Kong covers over 2.4 million residential homes and over 7,400 commercial buildings and facilities.

HKBN Announces Solid FY20 Annual Results

Retrieved on: 
Thursday, October 29, 2020
Hong Kong Broadband Network, Companies, WTT HK, Telecommunications companies, New World Telecommunications

Photo caption: HKBN announces resilient FY20 growth across all business fronts.

Key Points: 
  • Photo caption: HKBN announces resilient FY20 growth across all business fronts.
  • HKBN Ltd. (SEHK Stock Code: 1310, together with its subsidiaries, "HKBN" or the "Group") is an investment holding company.
  • HKBN operates through three core brands, Hong Kong Broadband Network, HKBN Enterprise Solutions and HKBN JOS.
  • At HKBN, we consider profit to be a subset of PURPOSE and we run HKBN for PURPOSE.

Media Invitation to HKBN FY2020 Annual Results Live Webcast

Retrieved on: 
Thursday, October 22, 2020
Hong Kong Broadband Network, Telecommunications, Webcast, Mass media, Service industries

Due to the current circumstances, HKBN Ltd.(SEHK Stock Code: 1310) will hold its annual results media presentation via webcast this year.

Key Points: 
  • Due to the current circumstances, HKBN Ltd.(SEHK Stock Code: 1310) will hold its annual results media presentation via webcast this year.
  • In the webcast, the company will share with media members its key annual financial results for the 12 monthsended 31 August 2020, as well as its business outlook.
  • We cordially invite your presence to cover the event.
  • Details of the live webcast are as follows:

Telecommunications Company Pleaded Guilty to Violating Direct Marketing Provisions and Fined HK$12,000

Retrieved on: 
Monday, May 25, 2020
Hong Kong Broadband Network, Office of the Privacy Commissioner for Personal Data, Privacy Commissioner, Direct marketing, Companies, Market economics), Business economics

The case concerned a complaint received by the office of the Privacy Commissioner for Personal Data, Hong Kong (PCPD) in 2018.

Key Points: 
  • The case concerned a complaint received by the office of the Privacy Commissioner for Personal Data, Hong Kong (PCPD) in 2018.
  • The complainant had subscribed broadband service with HKBN since September 2014, and opted out the use of his personal data in direct marketing in November 2016.
  • However, the complainant received a total of three direct marketing calls from HKBN in March and July 2018 promoting a new service plan.
  • For guidance on legal compliance, organisations can refer to the New Guidance on Direct Marketing ;

HKBN Announces Interim Results for the 6 Months Ended 29 February 2020

Retrieved on: 
Wednesday, April 22, 2020
Hong Kong Broadband Network, Companies, New World Telecommunications, WTT HK

HKBN, headquartered in Hong Kong with operations spanning Asia across Hong Kong, Singapore, Malaysia, mainland China and Macau, is a leading integrated telecom and technology solutions provider.

Key Points: 
  • HKBN, headquartered in Hong Kong with operations spanning Asia across Hong Kong, Singapore, Malaysia, mainland China and Macau, is a leading integrated telecom and technology solutions provider.
  • HKBN's tri-carrier fibre infrastructure in Hong Kong covers about 2.4 million residential homes and 7,300 commercial buildings and facilities.
  • Committed to creating a lasting positive impact to wherever it operates, HKBN embraces a Core Purpose to "Make our Home a Better Place to Live".
  • HKBN is a Talent-obsessed company; in fact, HKBN is nothing but a Talent company.

HKBN Expands Co-Ownership to 871 with Incremental Investment of HK$290 Million for Co-Ownership III Plus

Retrieved on: 
Thursday, February 27, 2020
Hong Kong Broadband Network, Companies

William Yeung, HKBN Co-Owner and Executive Vice-chairman and NiQ Lai, HKBN Co-Owner and Group CEO concluded, "As 871 leaders, don't listen to our words, rather follow our family bank accounts."

Key Points: 
  • William Yeung, HKBN Co-Owner and Executive Vice-chairman and NiQ Lai, HKBN Co-Owner and Group CEO concluded, "As 871 leaders, don't listen to our words, rather follow our family bank accounts."
  • HKBN's Executive Directorshave personally donated 4 million HKBN shares worth over HK$57 million at today's valuation as seed funding to kick things off.
  • As the value of this fund is tied with the performance of HKBN, this lock-step gives HKBN Co-Owners Purpose to continually outperform.
  • Established in 2015 through a HK$5 million seeding donation made by Co-Ownership Plan I Co-Owners, the HKBN Talent CSI Fund is an independently run charity.

#ToughTimesTogether HKBN Offers 1-month Waiver Relief Worth Over HK$100M to All Residential Fixed Services and Enterprise Customers

Retrieved on: 
Monday, February 24, 2020
Hong Kong Broadband Network, Companies

broadband, home telephone and IDD monthly plan), HKBN Enterprise Solutions ("HKBNES"), HKBN JOS and HKBN Cloud, benefiting over 900,000 Hong Kong households and companies.

Key Points: 
  • broadband, home telephone and IDD monthly plan), HKBN Enterprise Solutions ("HKBNES"), HKBN JOS and HKBN Cloud, benefiting over 900,000 Hong Kong households and companies.
  • In total, these waivers represent more than HK$100 million in relief for Hong Kongers.
  • Starting from 2 to 15 March 2020, any HKBN residential fixed services (broadband, home telephone service and IDD monthly plan) customers can visit http://www.hkbn.net/ToughTimesTogether-en or use My HKBN App and register to receive a 1-month service fee waiver** (up to HK$200 per account).
  • During the same period, corporate customers of HKBNES, HKBN JOS and HKBN Cloud can visit http://www.hkbn.net/ToughTimesTogether-en and register to receive a 1-month service fee waiver** (up to HK$500 per business registration number).

HKBN Announces Completion of JOS Acquisition

Retrieved on: 
Friday, December 13, 2019
Economy of Hong Kong, Hong Kong Broadband Network, Financial markets, Economy of China, Hong Kong Exchanges and Clearing, Hong Kong Stock Exchange

HONG KONG, Dec. 13, 2019 /PRNewswire/ -- HKBN Ltd. ("HKBN" or the "Group"; SEHK stock code: 1310) is pleased to announce the completion of its acquisition of Jardine OneSolution Holdings (C.I.)

Key Points: 
  • HONG KONG, Dec. 13, 2019 /PRNewswire/ -- HKBN Ltd. ("HKBN" or the "Group"; SEHK stock code: 1310) is pleased to announce the completion of its acquisition of Jardine OneSolution Holdings (C.I.)
  • Limited ("JOS") and its subsidiaries, following the Group's extraordinary general meeting (the "EGM") held on 12 December 2019, which voted in favour of the acquisition.
  • Billy will lead a Merger Integration Team comprising representatives from each key function of HKBN Enterprise Solutions and JOS, and immediately begin the business integration process to bring about synergy and value creation opportunities to customers of HKBN Enterprise Solutions and JOS.
  • For HKBN's acquisition completion announcement on HKEx, please click here: https://reg.hkbn.net/WwwCMS/upload/pdf/en/e_CompletionAnnouncement_JOS.pdf
    HKBN Ltd. (SEHK Stock Code: 1310, together with its subsidiaries, "HKBN" or the "Group") is an investment holding company.

Direct Marketing Offence Admitted: Telecommunications Company Fined HK$84,000

Retrieved on: 
Thursday, September 12, 2019
SmarTone, Vodafone, Companies, Economy of China, Hong Kong Broadband Network

Media Statements

Key Points: 
  • Media Statements

    Date: 12 September 2019

    Direct Marketing Offence Admitted:
    Telecommunications Company Fined HK$84,000

    SmarTone Mobile Communications Limited (SmarTone) faced 23 charges under the Personal Data (Privacy) Ordinance (the Ordinance) today at the Kwun Tong Magistrates Courts.

  • All charges related to the offence of failing to comply with the requirement from the data subject to cease to use her personal data in direct marketing, contrary to section 35G(3) of the Ordinance.
  • The Company pleaded guilty to 14 charges, and was fined HK$84,000 in total (HK$6,000 in respect of each charge).
  • The complainant received 23 direct marketing text messages or emails from SmarTone between August and December 2017 (in four months time).