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CSL (mobile phone)
Encyclopedia
CSL Limited is Hong Kong
's first and largest mobile communications operator established in 1983. It is now parented
by CSL New World Mobility Group
, a joint venture
company of Telstra Corporation Limited (76.4%) and New World Development
(23.6%). It provides GSM-900 , GSM-1800, UMTS-900 (3G) and UMTS-2100 (3G) services with the brands 1010, One2Free, New World Mobility
.
CSL is an abbreviation for Communication Services Limited and their original branding of "Create a Simple Life".
Hong Kong
Hong Kong is one of two Special Administrative Regions of the People's Republic of China , the other being Macau. A city-state situated on China's south coast and enclosed by the Pearl River Delta and South China Sea, it is renowned for its expansive skyline and deep natural harbour...
's first and largest mobile communications operator established in 1983. It is now parented
Parent company
A parent company is a company that owns enough voting stock in another firm to control management and operations by influencing or electing its board of directors; the second company being deemed as a subsidiary of the parent company...
by CSL New World Mobility Group
CSL New World Mobility Group
CSL New World Mobility Group was established in 2006 with the merger of two mobile network operators, Hong Kong CSL Limited and New World PCS Limited. Its shareholders are Australian telecommunications company Telstra Corporation and New World Development . It offers three brand names of 2G and 3G...
, a joint venture
Joint venture
A joint venture is a business agreement in which parties agree to develop, for a finite time, a new entity and new assets by contributing equity. They exercise control over the enterprise and consequently share revenues, expenses and assets...
company of Telstra Corporation Limited (76.4%) and New World Development
New World Development
New World Development Company Limited , based in Hong Kong, is active in property, infrastructure, services and telecommunications. It was established in 1970 with Dr Ho Sin Hang as Chairman and Chow Chi Yuen as Director and General Manager...
(23.6%). It provides GSM-900 , GSM-1800, UMTS-900 (3G) and UMTS-2100 (3G) services with the brands 1010, One2Free, New World Mobility
New World Mobility
New World Mobility is a mobile communications brand name in Hong Kong. It was launched in 1997 and previously parented by New World PCS Limited...
.
CSL is an abbreviation for Communication Services Limited and their original branding of "Create a Simple Life".
Timeline
- 1984: CSL, a wholly owned subsidiary of Hong Kong Telecom, launches Hong Kong's first public mobile radiotelephone service using NEC's Advance Mobile Telephone System.
- July 1993: CSL launches its GSM service http://www.ofta.gov.hk/en/telecom_fact/milestones/main.html
- June 1997: CSL launches its GSM 1800 network
- December 1997: CSL acquires Pacific Link Communications. The acquisition included the digital cellular phone services (D-Amps), PCS (GSM1800) and radio paging services.
- 2000 - PCCW Limited buys Cable & WirelessCable & WirelessCable & Wireless Worldwide PLC is a global telecommunications company headquartered in Bracknell, United Kingdom. Cable & Wireless specialises in providing communication networks and services to large corporates, governments, carrier customers and resellers...
HKT, including subsidiary CSL (Hong Kong Telecom CSL Limited), for an estimated US$38 billion from Cable & Wireless. http://www.cfoasia.com/archives/200004-23.htmhttp://geo.international.gc.ca/asia/hongkong/reports/marletter-en.asp - Feb 2001: PCCW sells 60% of CSL to Telstra for $3.05 billion, in a joint venture called "Regional Wireless Company" (RWC) http://reach.com/news/in_the_news_archive/20010207_Telstra_and_PCCW_Join_Forces_In_Pan.pdf http://www.internetnews.com/bus-news/article.php/582991
- July 2002: Telstra purchases PCCW's 40% stake in RWC for A$1.1billion, giving Telstra 100% ownership of CSL http://news.bbc.co.uk/2/hi/business/2077458.stm http://www.ferret.com.au/articles/EF/0C00EBEF.asp
- March 2006: CSL & New World PCS Limited merge to become the CSL New World Mobility Group http://www.nwd.com.hk/html/download/Presentation/2006ar.pdf.
- January 2007: New World Mobile Holdings agrees to sell its quarter stake to its parent company New World DevelopmentNew World DevelopmentNew World Development Company Limited , based in Hong Kong, is active in property, infrastructure, services and telecommunications. It was established in 1970 with Dr Ho Sin Hang as Chairman and Chow Chi Yuen as Director and General Manager...
, for US$321 million. http://findarticles.com/p/articles/mi_m0FGI/is_1_18/ai_n19041121