PCCW Limited, previously known as Pacific Century CyberWorks, is a Hong Kong-based telecommunications and IT company. It was founded in 1992 by Richard Li, the son of Hong Kong billionaire Li Ka-shing. PCCW's headquarters is located in Hong Kong, specifically at PCCW Tower, Tai Koo Place, Quarry Bay.

The company operates in various business sectors including telecommunications, media, IT solutions, property development, and investment. In the telecommunications sector, PCCW offers a wide range of services including mobile telephony, fixed-line services, broadband internet, and IPTV. The company also provides IT solutions such as cloud computing, managed services, and cybersecurity.

PCCW has a substantial presence in Hong Kong and has expanded its operations globally through partnerships, subsidiaries, and joint ventures. One noteworthy subsidiary of PCCW is HKT Limited, which is the major telecommunications company in Hong Kong. HKT provides a full range of telecommunications services to consumers, businesses, and government organizations.

Another subsidiary, PCCW Media, operates major pay television platforms in Hong Kong and Southeast Asia. PCCW has also engaged in strategic partnerships and acquisitions to extend its global reach. For example, it acquired a significant stake in UK-based telecommunications company COLT Telecom Group and formed joint ventures with companies like Telstra and China Unicom.

In terms of market position, PCCW is one of the largest telecommunications companies in Hong Kong. It has a strong customer base and significant market share in various sectors. The company continues to face competition from other telecommunications providers in Hong Kong, such as Hutchison Telecommunications and SmarTone.

Over the years, PCCW has achieved various milestones and made notable changes to its strategy and product lineup. In 2000, it became the largest internet service provider in Hong Kong through the merger with Cable & Wireless HKT Limited. PCCW has also expanded into media and entertainment, offering a range of television programming and online content.

As of the latest updates, PCCW continues to innovate and expand its services in response to changing market dynamics and technological advancements. The company is focused on developing its digital capabilities and expanding its presence in emerging markets. In conclusion, PCCW is a prominent telecommunications and IT company based in Hong Kong.

With a comprehensive range of services, strong market position, and strategic partnerships, it has established a significant presence both domestically and globally. PCCW continues to evolve and adapt to the rapidly changing telecommunications landscape, ensuring its relevance and competitiveness in the industry