Hong Kong Broadband Network

Hong Kong, China Founded: 1999 • Age: 27 yrs Listed Acquired By CVC
Provider of fibre optic broadband internet services

About Hong Kong Broadband Network

Hong Kong Broadband Network is a publicly listed company based in Hong Kong (China) founded in 1999, and was acquired by CVC in April 2012. Provider of fibre optic broadband internet services. Hong Kong Broadband Network has raised $200 million across 1 funding round from investors including CVC and CPP Investments. Hong Kong Broadband Network has completed 6 acquisitions, including Adura, I-CG and JOS. Its website hkbn.net draws about 548 thousand monthly visits. Its focus areas include Telecom, Telecom Operators, Broadband and Wired.

Company details

Founded in 1999, Hong Kong Broadband Network operates in the telecommunications sector, focusing on fibre optic infrastructure in Hong Kong, China. Broadband internet, telephony, and IP-TV services are delivered to both residential and enterprise clients. Operations emphasize reliable connectivity solutions tailored to local market needs, supporting diverse digital requirements across the region.

Key Metrics
  • Total Equity Funding
    $200M (USD)

    in 1 rounds

  • Latest Funding Round
    $200M (USD), Private Equity Round

    Mar 2015

  • Investors
    CVC

    & 1 more

  • Investments & Acquisitions
    Adura

    & 5 more

  • Acquired by
    CVC

    (Apr 2012)

Funding Insights of Hong Kong Broadband Network

Hong Kong Broadband Network has successfully raised a total of $200M through 1 strategic funding round. The most recent funding activity was a Private Equity Round of $200 million completed in March 2015. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.

  • Total Funding $200M
  • Total Rounds 1
  • Last Round Private Equity Round β€” $200M
  • First Round $200M

    (Mar 2015)

  • Investors Count 1

All 1 funding rounds of Hong Kong Broadband Network with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.

DateAmountTransaction NameValuationLead InvestorsInvestors
Mar 2015$200MPrivate Equity Round–CPP Investments
–
Valuation history

2 investors in total: 2 institutional.

Investors in Hong Kong Broadband Network

Hong Kong Broadband Network has secured backing from 2 investors, including institutional and venture fund investors. Prominent investors backing the company include CVC and CPP Investments.

All
Venture Fund
Institutional
InvestorDescriptionFounded YearDomainLocation
Mezzanine financing and equity investments are provided by CVC.
1981cvc.comNew York, United States
Pension fund assets are managed for sustainable long-term growth.
1997cppinvestments.comToronto, Canada
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Investor details for Hong Kong Broadband Network

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Investments & Acquisitions by Hong Kong Broadband Network

Hong Kong Broadband Network has strategically engaged in corporate development activities, having acquired 6 companies. Notable acquisitions include Adura, I-CG and JOS.

Acquisitions
Company NameDescriptionDomainLocationFoundedAcquiredAmount
Security services are provided by Adura in Singapore.
aduragroup.comSingapore2017Aug 2019β€’β€’β€’β€’
IT services suite solutions are provided by JOS.
jos.comKowloon, China1997Aug 2019β€’β€’β€’β€’
Business communication and ICT services provider
wtthk.comKowloon, China1995Aug 2018$1.34B
Public, private, on-premise, and hybrid cloud services are provided.
i-cg.comUnited States2003May 2018$25.49M
Limited information available
y5zone.net2004Jan 2013β€’β€’β€’β€’
Wholesale Wi-Fi hotspot services are provided in Hong Kong.
y5zone.sgSingapore2003Dec 2012β€’β€’β€’β€’
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Complete acquisition details for Hong Kong Broadband Network

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Verified entity values are shown only after access is granted.

Timeline of Hong Kong Broadband Network

10 dated milestones of Hong Kong Broadband Network across 20 years, from founding to its latest funding, stage changes and deals.

  1. Founded Hong Kong Broadband Network is founded.
  2. Exit Acquired by CVC.
  3. Acquisition Acquires Y5 Zone SG.
  4. Acquisition Acquires Y5 Zone.
  5. Funding First funding round of $200.0M.
  6. IPO Lists on the stock exchange (IPO).
  7. Acquisition Acquires I-CG.
  8. Acquisition Acquires WTTHK.
  9. Acquisition Acquires JOS.
  10. Acquisition Acquires Adura.

Web traffic of Hong Kong Broadband Network

The website of Hong Kong Broadband Network (hkbn.net) receives about 548.3K visits a month.

  • Monthly visits
    548.3K

    ▲ 1.6% vs previous month

Similar websites

Websites whose visitors overlap most with Hong Kong Broadband Network. Affinity shows how closely the audiences match.

WebsiteDomainAudience affinityMonthly visitsGlobal rankProfile
netvigator.com
100%
#83,375View details
hkt.com
66%
204.9K#102,269View details
smartone.com
63%
965.2K#65,821View details
hkjunkcall.com
hkjunkcall.com
60%
#51,969–
speedtest.com.hk
speedtest.com.hk
51%
–
β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’.comβ€’β€’%β€’.β€’M#‒‒‒‒‒–
β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’.comβ€’β€’%β€’.β€’M#‒‒‒‒‒–
β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’.comβ€’β€’%β€’.β€’M#‒‒‒‒‒–
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Frequently Asked Questions about Hong Kong Broadband Network

Hong Kong Broadband Network was founded in 1999 and raised its 1st funding round 16 years after it was founded.

Hong Kong Broadband Network is headquartered in Hong Kong, China.

Hong Kong Broadband Network is a funded company, having raised a total of $200M across 1 funding round to date. The company's 1st funding round was a Private Equity Round of $200M, raised on Mar 2015.

Founded in 1999, Hong Kong Broadband Network operates in the telecommunications sector, focusing on fibre optic infrastructure in Hong Kong, China. Broadband internet, telephony, and IP-TV services are delivered to both residential and enterprise clients. Operations emphasize reliable connectivity solutions tailored to local market needs, supporting diverse digital requirements across the region.

Hong Kong Broadband Network has made 6 acquisitions, including Adura, I-CG, and JOS.

Hong Kong Broadband Network has 2 investors. Key investors include CVC, and CPP Investments.

Yes. Hong Kong Broadband Network was acquired by CVC in April 2012.

The website of Hong Kong Broadband Network receives about 548 thousand visits a month.

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