WTT HK
| Company type | Private |
|---|---|
| Industry | Telecommunications |
| Predecessor | The Wharf (Holdings) (division) |
| Founded | 1995 |
| Defunct | 2019 |
| Fate | Acquired by HKBN and rebranded as HKBN Enterprise Solutions HK Limited |
| Successor | HKBN Enterprise Solutions HK Limited |
| Headquarters | Hong Kong , Hong Kong |
Area served | Hong Kong |
| Products | Fixed-line telecom services, broadband, IT services |
| Owner | TPG Capital, MBK Partners (prior to acquisition by HKBN) |
| Parent | The Wharf (Holdings) (until 2016), then independent under private equity ownership, then HKBN (from 2019) |
WTT HK Limited () ranked as the second largest fixed-line telecom provider in Hong Kong. In 2018, it was purchased by rival HKBN and subsequently rebranded as HKBN Enterprise Solutions HK Limited.
The company was owned by private equity groups TPG Capital and MBK Partners, having previously been a division of The Wharf (Holdings). It operated under several names over time, including Wharf T&T Limited (), New T&T Limited (), and Wharf New T&T Limited ().
History
Founded in 1995 under the name New T&T Limited, the firm was among the earliest to receive a fixed-line license following the Hong Kong government’s liberalization of the telecommunications market, which ended Cable & Wireless Hong Kong Telecom’s exclusive control. By 1996, New T&T had launched International Direct Dialling (IDD) services alongside residential fixed-line offerings.
The company recorded its inaugural net profit in 2001 and changed its name to Wharf New T&T Limited. Two years later, in 2003, it adopted the name Wharf T&T Limited.
By 2006, Wharf T&T shifted its primary focus toward serving corporate clients, while its subsidiary i-Cable Communications concentrated on residential markets. In 2007, it established Wharf T&T eBusiness Limited to deliver broadband solutions and web services tailored for small and medium-sized enterprises (SMEs).
In November 2016, MBK Partners together with TPG finalized their acquisition of Wharf T&T from The Wharf (Holdings). The following year, the company underwent rebranding to become WTT HK Limited.
In 2018, WTT HK declared a merger agreement with HKBN. This transaction, valued at roughly HK$10.5 billion (US$1.34 billion), received regulatory approval and was completed in 2019. Following the merger, WTT HK was renamed HKBN Enterprise Solutions HK Limited and integrated into HKBN’s enterprise division.
Subsidiaries
Among its principal subsidiaries are COL Limited, which provides IT services backed by over four decades of experience, and WTT eBusiness Limited (WeB), launched in January 2007 as an Internet service provider focused on SME clients.