PCCW and HKT sold a 9% stake in Regional Link Telecom Services, including a related receivable, for **USD 209.45 million**. The company operates **Fiber Link Global**, which manages passive copper and fiber networks in **Hong Kong and the Greater Bay Area**. Regional Link Telecom remains an indirect subsidiary of both PCCW and HKT after the transaction.

Sep 2026TelecompaperNews article

China Merchants acquires a 40% stake in HKT Trust & HK’s fiber assets, a subsidiary of PCCW, for approximately **US$870 million**. The deal involves Regional Link Telecom Services and will fund PCCW’s general corporate needs, including debt repayment. Analysts suggest the sale may signal PCCW’s strategic move to raise capital for media business expansion.

Jun 2024thestandard.com.hkNews article

PCCW sells an $870 million minority stake in its fiber unit, **Regional Link Telecom Services Holdings**, to **China Merchants Capital**. The deal involves **HKT**, a PCCW subsidiary, divesting part of its telecom infrastructure business. The transaction marks a strategic shift in PCCW’s portfolio management under billionaire Richard Li’s leadership.

Jun 2024ForbesNews article

PCCW’s subsidiary is selling a 40% stake in **Regional Link Telecom Services** for **$870 million**. The transaction reflects a strategic shift in ownership for the regional telecom operator. The deal does not specify the buyer or further operational changes.

Jun 2024ETTelecom.comNews article