PCCW Mobile
Encyclopedia
PCCW Mobile HK Limited is a subsidiary
of PCCW Limited involving 2G
and 3G
mobile communications service in Hong Kong
. It was formerly Sunday Communications Limited . It was acquired
by PCCW and renamed PCCW Mobile HK Limited in 2005. PCCW made this acquisition to return to mobile business after it sold CSL to Australia
's Telstra Corporation in 2001 and 2002.
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 PCCW Limited involving 2G
2G
2G is short for second-generation wireless telephone technology. Second generation 2G cellular telecom networks were commercially launched on the GSM standard in Finland by Radiolinja in 1991...
and 3G
3G
3G or 3rd generation mobile telecommunications is a generation of standards for mobile phones and mobile telecommunication services fulfilling the International Mobile Telecommunications-2000 specifications by the International Telecommunication Union...
mobile communications service 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...
. It was formerly Sunday Communications Limited . 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 PCCW and renamed PCCW Mobile HK Limited in 2005. PCCW made this acquisition to return to mobile business after it sold CSL to Australia
Australia
Australia , officially the Commonwealth of Australia, is a country in the Southern Hemisphere comprising the mainland of the Australian continent, the island of Tasmania, and numerous smaller islands in the Indian and Pacific Oceans. It is the world's sixth-largest country by total area...
's Telstra Corporation in 2001 and 2002.