The Business Times
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China Mobile

Telcos, Media & Tech

US-based I Squared Capital dumps plans to make separate offer for Hong Kong’s HKBN

HKBN reported a 5 per cent rise in earnings before interest, taxes, depreciation, and amortisation (Ebitda) for the six months through May, higher than the 3 per cent by its major competitor Hong Kong Telecom.
Telcos, Media & Tech

HKBN CEO says China Mobile’s HK$7.8 billion offer not good enough, open to more bidders

China Mobile is planning to make a general offer to buy all of HKBN’s shares for HK$5.23 each in cash.
Telcos, Media & Tech

HKBN shares jump after China Mobile makes HK$6.86 billion offer

HKBN and I Squared Capital are discussing the terms of the proposal, it said. None of the companies have disclosed the financial terms of the takeover proposals.
Telcos, Media & Tech

Hong Kong’s HKBN gets rival takeover interest from I Squared Capital

State-backed China Mobile has been holding discussions about a deal with HKBN’s major shareholders, buyout firms MBK Partners and TPG.
Telcos, Media & Tech

China Mobile is said to explore deal for Internet provider HKBN

The state-owned China Mobile’s Hong Kong unit made an offer in recent weeks for Cheung Kei Center which has been on the market since 2023.
Global Enterprise

China Mobile in talks to buy Hong Kong tower seized from tycoon

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