Sunday Communications
Sunday Communications Limited (branded as SUNDAY Communications) is a Cayman Islands incorporated holding company, but headquartered and listed in Hong Kong S.A.R., China. It is the parent company of a mobile network operator of Hong Kong, Mandarin Communications (do business as SUNDAY[6]).
Type | Public | ||||
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Industry | Mobile communication | ||||
Fate | acquired by PCCW in 2005; dissolved in 2007 after its business was transferred to PCCW | ||||
Successor | PCCW Mobile | ||||
Founded | 24 November 1999[2] | ||||
Defunct | 2007[3] | ||||
Headquarters |
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Area served | Hong Kong | ||||
Key people | Alexander Anthony Arena (Chairman) | ||||
Services | mobile network operator | ||||
Revenue | HK$1,159 million (2005) | ||||
HK$−156 million (2005) | |||||
Total assets | HK$2,685 million (2005) | ||||
Total equity | HK$513 million (2005) | ||||
Owner |
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Number of employees | 908 (Dec. 2005) | ||||
Parent | PCCW Mobile Holding No.2 Limited | ||||
Subsidiaries | Mandarin Communications (trading as SUNDAY) | ||||
Website | www | ||||
Footnotes / references based on last annual report in 2005[4][5] |
History
Sunday Communications Limited, was registered in Hong Kong as a foreign company in 2000;[3] it was a listed company on the Stock Exchange of Hong Kong since March 2000.[7] The group, via a subsidiary, Hong Kong incorporated Mandarin Communications (trading as SUNDAY), was a mobile network operator of Hong Kong; Mandarin Communications itself, was incorporated in 1994[3] and launched operations in 1997.[7] It provided 2G GSM, 3G, fixed line, and IDD services.[8][9]
The majority stake of Sunday Communications was acquired by PCCW, via a SPV, PCCW Mobile Holding No.2 Limited in 2005, from Distacom Communications, USI Holdings and other minority shareholders,[10][11][1] Sunday Communications sold Mandarin Communications and other businesses to PCCW as an intra-group transaction for HK$1.9435 billion and was delisted in 2006.[12] Mandarin Communications, was then renamed to PCCW Mobile HK in 2007;[3] Sunday Communications, as a subsidiary of PCCW, was dissolved in 2007.[3]
See also
- Sun Mobile, a mobile virtual network operator which was launched by HKT (a PCCW subsidiary) and Telecom Digital
- Craig Ehrlich, former Managing Director[13]
References
- "Mandatory unconditional cash offer..." (PDF) (Press release). PCCW and Sunday Communications. 9 September 2005. Retrieved 28 February 2018 – via Sing Tao News Corporation website.
- "Report of the Directors" (PDF). 2000 Annual Report. Sunday Communications. 4 April 2001. Retrieved 28 February 2018 – via Hong Kong Exchanges and Clearing website.
- Data in Hong Kong Companies Registry
- "Consolidated Profit and Loss Account" (PDF). 2005 Annual Report. Hong Kong: Sunday Communications Limited. 18 April 2006. Retrieved 28 February 2018 – via Hong Kong Exchanges and Clearing website.
- "Consolidated Balance Sheet" (PDF). 2005 Annual Report. Hong Kong: Sunday Communications Limited. 18 April 2006. Retrieved 28 February 2018 – via Hong Kong Exchanges and Clearing website.
- "Definitions" (PDF). Prospectus. Hong Kong: International Elite – via Hong Kong Exchanges and Clearing website.
- "Corporate Profile" (PDF). 2000 Annual Report. Sunday Communications. 4 April 2001. Retrieved 28 February 2018 – via Hong Kong Exchanges and Clearing website.
- "Sunday Communications Limited Company Profile", Yahoo Archived 2011-05-22 at the Wayback Machine
- "Sunday Announces 3G Network Commercial Launch". China Tech News. 13 June 2005. Retrieved 28 February 2018.
- Lau, Justine (13 June 2005). Written at Hong Kong. "PCCW returns to wireless with Sunday buy". Financial Times. London. Retrieved 28 February 2018.
- Lee, Mark; Wong, Ka-chun (14 June 2005). "PCCW returns to mobiles with $1.94b bid for Sunday". The Standard. Hong Kong: Sing Tao News Corporation. Archived from the original on 9 March 2006. Retrieved 28 February 2018.
- "(1) Very substantial disposal and connected transaction, (2) voluntary withdrawal of listing and proposed distribution" (PDF) (Press release). Sunday Communications. 7 November 2006. Retrieved 28 February 2018 – via Hong Kong Exchanges and Clearing website.
- "Board of Director" (PDF). 2000 Annual Report. Sunday Communications. 4 April 2001. Retrieved 28 February 2018 – via Hong Kong Exchanges and Clearing website.