HKBN integrates WTT into Enterprise Solutions division

2 Sep 2019

Hong Kong Broadband Network (HKBN) says it has completed the integration of business service provider WTT into its HKBN Enterprise Solutions (HKBNES) division. In August 2018 HKBN announced plans to acquire WTT in a HKD10.5 billion (USD1.3 billion) all-stock transaction. The deal was cleared by regulators in April 2019 and completed at the end of that month.

HKBN recently announced a USD50 million move to acquire Jardine OneSolution (JOS), a systems integrator and communications solutions provider, and cyber security consultancy Adura Hong Kong, which it says will further strengthen its enterprise operations in Hong Kong.

Hong Kong, Hong Kong Broadband Network (HKBN), WTT (formerly Wharf T&T)