HGC Global buys Macroview TelecomBusiness | 22 Aug 2019 2:31 pm
Fixed-line telecoms operator HGC Global Communications, formerly known as Hutchison Global Communications under Li Ka-shing's telecommunications empire, announced the acquisition of digital technology solutions provider Macroview Telecom.
Hutchison Telecommunications Hong Kong (0215) sold its entire interest in Hutchison Global Communications to the United States-based I Squared Capital in 2017.
Chief executive Andrew Kwok said the company is committed to providing top-tier fixed-line services to support Hong Kong’s 5G development, and three out of four Hong Kong’s mobile operators have tried out its fiber-optic network.
Kwok expects the revenue proportion of the solutions related business to reach 30 percent in three years.