263 Mobile Communications (Hong Kong) Ltd

Success Stories

“ Hong Kong is the most important hub in Asia for the telecommunications sector. More than 90 percent of international telecom operators have a presence here.” Jing Liang, Vice President, Net263 Group CEO, 263 Mobile Communications (Hong Kong) Ltd

263 Calling Overseas Chinese Hong Kong is a strategic hub for 263 Mobile Communications’ further development of its international mobile virtual network operator (iMVNO) business in overseas markets

In 2013, Mainland China opened its MVNO market and issued In the fourth quarter of 2015, 263 will launch a dual SIM card its first MVNO licenses for private firms, reforming the market for US and Mainland mobile phone end users with its brother dominance of three state-run telecom companies: China company, iTalk. It will be the first operator to launch such a Telecom, China Unicom and China Mobile. product for Chinese people living in the US. 263 Mobile Communications (263) is a privately-owned MVNO Liang has noticed a few trends in his industry. “Mobile Internet that has expanded its overseas network by acquiring, first, the is developing rapidly and is changing the way people behave, US-based iTalk through its parent company, Net 263 group, and especially in Mainland China. Increasingly, many people will this year, a Hong Kong corporate owning an MVNO license. It not need a mobile number in order to make a local or long- now develops mobile business in Mainland China, Hong Kong, distance phone call. Owning a Mainland mobile number will the US, Canada, Australia, Singapore and elsewhere. become valuable. MVNO will also boost the growth of the Internet of Things (IoT) and become indispensable in the IoT “Hong Kong is the most important hub in Asia for the world,” he said. telecommunications sector. More than 90 percent of all international telecom operators have a presence here. The A long time friend of InvestHK, Liang joined the China Unicom Mainland’s largest state-owned telecom operators all set up Group in 1994 and has worked in Hong Kong for five years as their first overseas branches in Hong Kong,” Jing Liang, CEO, 263 president of China Unicom (Hong Kong) Operations Ltd. He joined Mobile Communications (Hong Kong) Ltd, said. 263 in 2014 and is delighted to have received InvestHK’s support in terms of visa application, networking and publicity services. “But unlike the big telecoms, 263 is more flexible and more active in overseas expansion activities. Setting up in Hong Kong enables us to develop a tangible network with global coverage. It is very efficient in Hong Kong to apply for a business 263 Mobile Communications (Hong Kong) Ltd registration, and for the MNVO licence issued by the Office of the Communications Authority.” • Founded in 2015, headquartered in Guangzhou With its robust legal system, effective and professional telecom • Its parent company, Net 263 Group, founded in 1998 and regulator, talent advantage and unparalleled connectivity, Hong Kong is 263’s natural platform for global expansion. listed on the Shenzhen Stock Exchange, has more than 1,400 employees as of June 2015 “We plan to serve all Chinese communities around the world from Hong Kong. We are eager to provide the ‘One SIM card www.263mobile.net with multiple MSISDNs’ and CloudSIM services for the target segments of international roaming enterprises and overseas Chinese families,” Liang said. investhk.gov.hk