HKBN awarded MVNO license

Hong Kong ISP HKBN has secured a license from telecoms regulator OFCA to offer MVNO services in the market.

OFCA has granted HKBN an expanded services-based operator license to allow the company to offer mobile services using the infrastructure of established mobile network operators.

The company has signed an agreement with China Mobile Hong Kong, and is in discussions with two other mobile operators, with the goal of launching mobile services for both residential and corporate customers.

HKBN said it expects to soft-launch mobile services in as early as August this year to complement its existing fixed line services.

With the addition of MVNO services the company will be able to introduce quad-play offers combining broadband, fixed line telephone, OTT entertainment and mobile services in the same package.

“This is a strong move to maximize shareholder value by offering a full suite of fixed and mobile services, leveraging our quickly expanding broadband customer base of over 800,000 households,” HKBN CEO and co-owner William Yeung said.

“Replicating our success in the fixed broadband market,our mobile service will come with strong value propositions, aiming to delight customers with the best customer experience at highly competitive prices.”

HKBN recently announced that the majority of the company’s supervisory and management-level employees have now invested in the company under its co-ownership program.