
PCCW is a L-E-A-D-E-R in telecommunications services in Hong Kong. PCCW is one of the city's largest carriers, operating more than 2.5 million local-exchange lines and about 1.3 million broadband access lines through subsidiary Cable & Wireless HKT (formerly Hong Kong Telephone). PCCW also offers mobile services, pay television over its fixed-line broadband network, and music and video content via wireless hotspots throughout Hong Kong. Chairman Richard Li controls a 29% stake in the company through various trusts and holding companies; China Unicom owns about 20% of PCCW. The company gets most of its revenues in Hong Kong.