HKT Trust and HKT Limited
HKTTF
Other OTC- -
USD
- -
- -
Capital Structure
FRC
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in mil. unless spec.Working Capital
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in mil. unless spec.Growth Rates
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in mil. unless spec.Quarterly Revenue
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in mil. unless spec.Quarterly Earnings Per Share
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in mil. unless spec.Quarterly Dividends Per Share
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in mil. unless spec.- CEO
- Kwok Shing Lam
- Full Time Employees
- 13,100
- Sector
- Communication Services
- Industry
- Telecommunications Services
- Address
- PCCW Tower Quarry Bay Hong Kong
- IPO Date
- Aug 13, 2012
- Website
- hkt.com
- Similar Companies
- Business
- HKT Trust and HKT Limited (SEHK: 6823) is Hong Kong's premier telecommunications service provider, offering a comprehensive suite of technology-enabled telecommunications and related services to consumers, enterprises, and international businesses primarily in Hong Kong, Mainland China, and select international markets. The company operates through key segments including Telecommunications Services, which encompasses local telephony, broadband access, local and international data connectivity, international direct dialing, enterprise solutions such as voice and unified communications, data connectivity including leased lines and dedicated cloud connectivity, enterprise systems, internet connectivity, virtualization and cloud services, mobility solutions, facilities management, call center outsourcing, and merchant payment solutions; Mobile, featuring postpaid and 5G services under brands like 1O1O and csl; Pay TV, delivering interactive pay-TV services via now TV; and Other Businesses, including financial services such as mobile payments and O2O solutions, The Club loyalty program, healthtech services like eSmartHealth, media entertainment, infotainment, home automation, and smart living solutions. Incorporated in 2011 with HKT Limited established in the Cayman Islands and headquartered at PCCW Tower in Quarry Bay, Hong Kong, HKT Trust and HKT Limited functions as a subsidiary of CAS Holding No.1 Ltd., ultimately controlled within the PCCW Group. In recent developments, the company reported solid interim results for the first half of 2025 on July 31, 2025, with revenue increasing 4% year-over-year to HK$17.3 billion, driven by enterprise business growth, mobile postpaid and 5G customer expansions, local data services, and AI-led digital transformation initiatives; EBITDA rose 3% to HK$6.4 billion, while net income grew 4.1% to HK$2.1 billion. On June 26, 2024, HKT announced a discloseable transaction involving the sale of a 40% interest in its passive network business subsidiary (Regional Link Telecom Services Holdings Limited and wholly-owned Passive Netco, Fiber Link Global Limited) to Magic Investment Bidco Limited, an entity backed by China Merchants Capital and GLP Holdings, for US$870 million in cash, unlocking value in its copper and fiber infrastructure while retaining control and entering a long-term partnership supported by a master services agreement for network access, maintenance, and rollout services. Additionally, in June 2025, HKT formed a strategic collaboration with Perplexity AI to provide complimentary one-year access to Perplexity Pro for select customers across its 1O1O, csl, Netvigator, now TV, and home phone services, enhancing AI accessibility through its AI Academy which has delivered over 200 courses; full-year 2024 results announced in February 2025 showed EBITDA growth of 3% to HK$13.7 billion, mainland China revenue reaching a HK$1 billion target with 37% growth, and new enterprise project wins exceeding HK$5 billion. These initiatives reflect HKT's focus on AI integration, infrastructure optimization, and expansion in the Greater Bay Area amid ongoing deleveraging efforts that improved its net debt-to-EBITDA ratio to 2.9x by end-2024.