HKT (SEHK:6823) – HONG KONG, November 9, 2018

The Administration Committee of Hengqin New District and PCCW Global have signed a collaboration agreement to capture opportunities brought by the opening of the Hong Kong-Zhuhai-Macao Bridge and the Greater Bay Area development, and to accelerate the cooperation among Guangdong, Hong Kong, and Macao in the fields of telecommunications and technological innovation.

Located 34 sea miles from Hong Kong, Hengqin offers massive trade and business potential. It is optimally located, covering an area of 106.46 square kilometers and is less than an hour’s travel from Hong Kong via the newly opened Hong Kong-Zhuhai-Macao Bridge.

Based on this collaboration agreement, the two parties will engage in in-depth cooperation in such areas as Internet of Things (IoT), smart city development and artificial intelligence (AI). PCCW Global has established a wholly-owned subsidiary in Hengqin New District to build and operate a next generation IoT smart city R&D services platform, international IoT operation platform, Guangdong-Hong Kong- Macao Greater Bay Area AI training and demonstration centers, and operation centers.

PCCW Global is the international operating division of HKT, Hong Kong’s premier telecommunications service provider. HKT offers a wide range of telecom services in Hong Kong. PCCW Global’s network spans more than 3,000 cities and 150 countries, supporting a portfolio of integrated global communications services and covering most of the countries under the “One Belt One Road” initiative. PCCW Global is headquartered in Hong Kong, and maintains regional centers in Australia, Belgium, China, France, Greece, Japan, Korea, Singapore, South Africa, the United Arab Emirates, the United Kingdom and the United States of America.

Mr. Yang Chuan, Deputy Secretary of Party Committee and Director of Administration Committee of Hengqin New District (3rd from right), and Mr. Frederick Chui, Senior Vice President, Global Data Sales and Presales, PCCW Global (4th from right) sign the collaboration agreement.