HTHK and HKBN Collaborate to Expand Corporate Market
Hutchison Telecommunications (Hong Kong) Limited (HTHK) and HKBN Group (HKBN) today announced the expansion of their strategic collaboration. On top of their existing Mobile Virtual Network Operator (MVNO) collaboration, the duo will broaden their collaboration to target the growing needs of the enterprise market with 5G mobile, fixed telecom network services and system integration (SI). Leveraging their competitive advantages in technology and network service, HTHK and HKBN will help corporate customers deploy one-stop digital solutions, thereby expanding their market share in various sectors like finance, retail chain stores and public utilities.
The collaboration aims to provide advanced 5G mobile solutions, fibre optic network and all-round diversified fixed-mobile convergence (FMC), and information and communications technology (ICT) services to all enterprises in Hong Kong, comprehensively addressing their technical needs.
Kenny Koo, Executive Director and CEO of Hutchison Telecommunications Hong Kong Holdings Limited (HTHKH), said: "Having previously worked closely with HKBN, we are now exploring ways to expand our strategic collaboration to a broader level. By combining HTHK's robust 5G network with HKBN's fixed network services, we can reap the benefits of fixed-mobile convergence with the provision of innovative 5G and fixed telecom network enterprise solutions together. HTHK's 5G network boasts high-speed, ultra-low latency and 99% network coverage across the territory. The collaboration will not only help corporate customers embark on a digital transformation journey, raise their operational efficiency, but also reinforce our position in the business-to-business market."
William Yeung, HKBN Co-Owner and Executive Vice-chairman, shared: "We're taking our already exceptional collaboration with HTHK to a whole new level as we jointly set up a dedicated team to expand our presence in the corporate market, pursuing opportunities in 5G, network solutions, and digital transformation. Enterprise customers, especially those in the finance and retail industries, are increasing their demand for network services and digital solutions under the new normal. By leveraging our unique tri-carrier network and HTHK's innovative 5G mobile network solutions, we can achieve great synergy and win together by offering competitive and full-range telecom and ICT services for customers."