New World Mobile Holdings Limited
 | |
| Listed company | |
| Industry | Telecommunications and Internet |
| Founded | 1997 |
| Headquarters | Hong Kong, People's Republic of China |
Area served | Hong Kong |
Key people | Chairman: Mr. Simon Lo |
| Website | New World Mobile Holdings Limited |
New World Mobile Holdings Limited (Chinese: 新世界移動控股有限公司) (SEHK: 862) is a listed company involving telecommunications and Internet businesses.[1]
New World Mobile was established in 1997 and a subsidiary of New World Development. It owned New World PCS Limited (NWPCS) to operate the mobile communication service in the brand name of "New World Mobility".[2] In April 2006, NWPCS merged with Hong Kong CSL Limited to form CSL New World Mobility Group, a joint-venture company owned by Telstra Corporation (76.4%) and New World Mobile Holdings Limited (23.6%).[3] In October 2006, it sold its 23.6% stakes of the Group to New World Development.[4] New World Development then sold the stakes of New World Mobile to a company privately held by Mr. Simon Lo, the chairman of New World Mobile.[5]