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New World Telecommunications information


New World Telecommunications
Trade name
New World Telecom
FormerlyNew World Telephone
Company typesubsidiary
Industrytelecommunications
PredecessorRowenty Power
Founded14 January 1992 (1992-01-14) in British Hong Kong
Defunct2016
Fateacquired by Hong Kong Broadband Network
SuccessorHKBN Enterprise Solutions
Headquarters
Hong Kong S.A.R.
,
China
OwnerNew World Development
Parent
  • New World Development
  • (via New World Telephone Holdings)
Chinese name
Traditional Chinese新世界電訊
Literal meaningNew World Telecommunications
former Chinese name
Traditional Chinese新世界電話
Literal meaningNew World Telephone
Websitenewworldtel.com

New World Telecommunications Limited (abb. NWT) also known as New World Telecom, was a fixed line provider of Hong Kong S.A.R., China. It was a subsidiary of New World Development, via New World Telephone Holdings; New World Telecommunications was acquired by a competitor, Hong Kong Broadband Network (HKBN) in February 2016.[1][2] In the same year New World Telecommunications was renamed to HKBN Enterprise Solutions, as a subsidiary of HKBN.[3]

  1. ^ Bushell-Embling, Dylan (21 February 2016). "HKBN to acquire New World Telecom for HK$650m". Computer World (Hong Kong edition). Questex. Retrieved 27 February 2018.
  2. ^ "HKBN Announces Acquisition of New World's Telecommunications and Online Marketing Solutions Business | HKBN strengthens its Enterprise Solutions business and drives consolidation in the fixed line market in Hong Kong" (Press release). HKBN. 18 February 2016. Retrieved 27 February 2018.
  3. ^ "New World Telecom Renamed HKBN Enterprise Solutions | Fully Integrated Business Harnesses Synergy to Pounce on Market Opportunities" (Press release). HKBN. 1 September 2016. Retrieved 27 February 2018.

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