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Hong Kong Broadband Operator HKBN Rejects $1 Billion (HKD 7.8 Billion) Buyout Offer in 2024 December (HKD 5.23 Per Share) by $242 Billion China Mobile, Hong Kong Broadband Network (HKBN) Founded in 1999 by Ricky Wong Wai-kay & IPO on Hong Kong Exchange (HKEX) in 2015
27th May 2025 | Hong Kong
Hong Kong broadband operator HKBN has rejected the $1 billion (HKD 7.8 billion) buyout offer in 2024 December (HKD 5.23 per share) by China Mobile ($242 billion market value). Hong Kong Broadband Network (HKBN) was founded in 1999 by Ricky Wong Wai-kay, and IPO on Hong Kong Exchange (HKEX) in 2015. Profile – Headquartered in Hong Kong with operations spanning across Hong Kong, Macau and mainland China, the Group is a leading integrated telecommunications and technology services provider. The Group provides a full range of one-stop, high-quality information and communication technology (ICT) solutions and an unlimited services portfolio. HKBN’s extensive tri-carrier fibre infrastructure covers around 2.6 million residential homes and 8,200 commercial buildings and facilities across Hong Kong. Committed to creating a lasting positive impact to wherever it operates, HKBN has received a highest possible rating of AAA in MSCI’s 2024 ESG Ratings assessment in environment, society and governance.
“ Hong Kong Broadband Operator HKBN Rejects $1 Billion (HKD 7.8 Billion) Buyout Offer in 2024 December (HKD 5.23 Per Share) by $242 Billion China Mobile, Hong Kong Broadband Network (HKBN) Founded in 1999 by Ricky Wong Wai-kay & IPO on Hong Kong Exchange (HKEX) in 2015 “
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Hong Kong Broadband Operator HKBN Rejects $1 Billion (HKD 7.8 Billion) Buyout Offer in 2024 December (HKD 5.23 Per Share) by $242 Billion China Mobile, Hong Kong Broadband Network (HKBN) Founded in 1999 by Ricky Wong Wai-kay & IPO on Hong Kong Exchange (HKEX) in 2015
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