Hkt Trust

HKT shares slip after Richard Li sell-off

PCCW chairman Richard Li currently holds about 2.9 per cent direct interest in HKT Trust. Photo: AFP

Shares of HKT Trust, which runs the city's biggest fixed-line telecommunications network, were down 2.53 per cent to close at HK$7.70 in trading yesterday.

Saturday, 13 April, 2013, 6:29am

Gains in mobile and fixed-lines boost HKT profit by 32pc

Alex Arena says HKT's mobile operation could have posted more gains if not for Apple's phone-locking policy.Photo: May Tse

Hong Kong Telecommunications (HKT), which reported a 32 per cent increase in net profit for last year, said its mobile operation could have posted more gains if it was not constrained by Apple's phone-locking policy.

27 Feb 2013 - 1:46am

HKT mulls rate rise amid profit gain

HKT Trust and HKT, which runs the biggest fixed-line network in Hong Kong, expects to raise broadband rates after posting major gains in its first interim financial results since November's initial public offering.

15 Aug 2012 - 11:20pm

HKT seeks to launch 4G services by July

HKT Trust and HKT, which owns the largest fixed-line network operator in the city, plans to launch high-speed 4G services before July after posting solid earnings for last year.

'It is our intention to develop our mobile business substantially in 2012,' HKT group managing director Alex Arena said yesterday.

28 Feb 2012 - 12:00am

HKT Trust makes dull start amid market worries

HKT Trust and HKT, the first business trust to list in Hong Kong, had a lacklustre debut yesterday amid concerns over the European debt crisis and tougher competition in the telecommunications sector.

The share stapled units of the telecommunications assets of PCCW, controlled by Richard Li Tzar-kai, closed at HK$4.55, against their issue price of HK$4.53.

30 Nov 2011 - 12:00am

Market Calls

PCCW (8) launched its HK$9.6 billion initial public offering of its telecom assets (HKT Trust) on Wednesday. Analysts view the new listing as expensive. The flip side of that discussion is whether the IPO will create value for existing PCCW shareholders.

Lisa Soh (Macquarie) says the IPO represents a very good valuation of the HKT assets for PCCW.

21 Nov 2011 - 12:00am

HKT Trust's global I.P.O. launch today

The global initial public offering of HKT Trust, the telecommunications business being spun off by PCCW, starts today, with expectations of strong demand despite the volatile market.

16 Nov 2011 - 12:00am