China Mobile Hong Kong Company Limited (Brand name: Peoples), formerly China Resources Peoples Telephone Company Limited and China Mobile Peoples Telephone Company Limited , is one of the mobile communication operators in Hong Kong

Hong Kong

Hong Kong is one of two Special Administrative Regions of the People's Republic of China , the other being Macau. A city-state situated on China's south coast and enclosed by the Pearl River Delta and South China Sea, it is renowned for its expansive skyline and deep natural harbour...

, China

China

Chinese civilization may refer to:* China for more general discussion of the country.* Chinese culture* Greater China, the transnational community of ethnic Chinese.* History of China* Sinosphere, the area historically affected by Chinese culture...

.

Peoples was established in January 1997 and parented

Parent company

A parent company is a company that owns enough voting stock in another firm to control management and operations by influencing or electing its board of directors; the second company being deemed as a subsidiary of the parent company...

 by China Resources

China Resources

China Resources is a group of companies in a wide variety of businesses in Hong Kong and mainland China. Some of its companies use the name in the form of the acronym CRC....

. It is the first PCS

Personal Communications Service

At the most basic level Personal Communications Service or PCS describes a set of wireless communications capabilities that allows some combination of terminal mobility, personal mobility, and service profile management...

 mobile network operator in Hong Kong. In October 2005, it was acquired

Takeover

In business, a takeover is the purchase of one company by another . In the UK, the term refers to the acquisition of a public company whose shares are listed on a stock exchange, in contrast to the acquisition of a private company.- Friendly takeovers :Before a bidder makes an offer for another...

 by China Mobile

China Mobile

China Mobile Limited is a Chinese state-owned telecommunication company that provides mobile voice and multimedia services through its nationwide mobile telecommunications network, the largest of its kind in the world...

 and renamed to China Mobile Peoples Telephone Company Limited. In March 2006, it was delisted and became a fully subsidiary

Subsidiary

A subsidiary company, subsidiary, or daughter company is a company that is completely or partly owned and wholly controlled by another company that owns more than half of the subsidiary's stock. The subsidiary can be a company, corporation, or limited liability company. In some cases it is a...

of China Mobile. In December 2008, it was renamed to China Mobile Hong Kong Company Limited but kept its brand name "Peoples".