Type Listed company Key people Chairman: Mr. Simon Lo Founded 1997 | Area served Hong Kong Headquarters Hong Kong | |
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Industry Telecommunications and Internet Website New World Mobile Holdings Limited Stock price 0862 (HKG) HK$ 0.31 -0.01 (-3.12%)24 Mar, 4:00 PM GMT+8 - Disclaimer Subsidiaries Cyber On-Air Group Limited | ||
New World Mobile Holdings Limited (Chinese: 新世界移動控股有限公司) (SEHK: 862) is a listed company involving telecommunications and Internet businesses.
New World Mobile was established in 1997 and a subsidiary of New World Development. It owned New World PCS Limited (NWPCS) to operate the mobile communication service in the brand name of "New World Mobility". In April 2006, NWPCS merged with Hong Kong CSL Limited to form CSL New World Mobility Group, a joint-venture company owned by Telstra Corporation (76.4%) and New World Mobile Holdings Limited (23.6%). In October 2006, it sold its 23.6% stakes of the Group to New World Development. New World Development then sold the stakes of New World Mobile to a company privately held by Mr. Simon Lo, the chairman of New World Mobile.