Wharf T&T
Wharf T&T unveils a new era of growth
I
t was Cole Porter who wrote the classic song “Anything Goes” whose famous opening lyrics “times have changed” captured the essence of a time gone by and the frivolity of modern living. However, in today’s fast paced modern world, things move rapidly, and so it takes a forward thinking innovative company to maintain their success. So, it seems, some things do stay the same. As is the case for Wharf T&T, who continues to lead the way in telecommunications after over 20 years whilst being a leading ICT service provider, Wharf T&T strictly focuses on enabling customers’ businesses using best-of-breed technologies through top-class service. Backed by the state-of-the-art “Fibre-to-the-Desk” (FTTD) ultra-high speed broadband network, Wharf T&T possesses strong system integration capabilities and offers a full suite of subscription-based public cloud solutions to cope with the evolving business demand of ICT adoption. We like having the security that comes with knowing a company has succeeded for so long, and Wharf T&T has been a trusted partner for business customers providing a rich ICT service portfolio for decades. Their services range from data connectivity, high speed internet access, IP-based voice telephony, public cloud services, to complex mission-critical system integration solutions to over 53,000 enterprises in Hong Kong — and it doesn’t look like they’re slowing down. However, change is inevitable, and with the recent acquisition of
116 HONG KONG BUSINESS ANNUAL 2017
Wharf T&T by MBK Partners and TPG, Wharf T&T continues to build on their current success while entering a new era. MBK Partners and TPG announced the completion of the Wharf T&T Limited acquisition on 10 November 2016, a transaction worth $HK9.5b. MBK Partners and TPG have a long and reputable track record of investing in world-class companies such as Spotify, Uber, Gala TV, and Universal Studios Japan. With this new era of growth, the ever evolving Wharf T&T continues to build on their track record of excellence and innovation to bring even more products and services to their customers. The CEO of Wharf T&T, Vincent Ma, stated at the recent press conference held in Central, Hong Kong, on 10 November 2016, “Wharf T&T experienced a challenging 20th anniversary as business customers were prudent on new ICT investments in a slowing economy. Undeterred by a stagnant market, Wharf T&T continued to make strides in its core business compared to a year ago, and reported its best half-year results ever, attributable to double-digit year-on-year growth in the local data and business broadband businesses. Backed by its proven credentials to be a trusted service provider to address mission critical needs, Wharf T&T continued to achieve significant results.” With many awards under their belts, their list of services are impressive to say the least. While Wharf T&T provides not only nonnetwork infrastructure based business internet services, they also