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Dear Friends of HKBN
HKBN Licensed to Offer MVNO Services
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We are pleased to announce that the Office of the Communications Authority has licensed us to offer mobile virtual network operator (“MVNO”) services in Hong Kong. The expanded scope of our Services-Based Operator Licence allows us to offer mobile telecom services by making use of the radio communications infrastructure of mobile network operators, and to sell mobile handsets and devices.
We have signed Memorandum of Understanding with China Mobile Hong Kong, and are in discussions with two other local mobile network operators, with a view to launching HKBN mobile service to both the residential and corporate markets. It is anticipated that the soft launch of such service will begin as early as August this year.
“This is a strong move to maximize shareholder value by offering a full suite of fixed and mobile services, leveraging our quickly expanding broadband customer base of over 800,000 households,” William Yeung, CEO & Co-Owner of HKBN said. “Replicating our success in the fixed broadband market, our mobile service will come with strong value propositions, aiming to delight customers with the best customer experience at highly competitive prices.”
The addition of mobile service will form a strong part of our best-value quad-play offers, comprising broadband, fixed-line telephone, OTT entertainment & sports, and mobile services.
“With majority of our executive level Talents invested their own savings to become Co-Owners of HKBN, we have shareholders’ and customers’ interests at heart. That is why we focus on delivering sustainable growth for the company, while seeking to disrupt the market by offering true values and benefits to customers,” William continued.
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