HKT (SEHK: 6823) - HONG KONG, December 17, 2013 - HKT announces its partnership with HSBC to further develop Near Field Communications (NFC)-based credit card mobile payment services.

The partnership between HKT and HSBC will adopt the proven security of Single Wire Protocol (SWP)-SIM cards, which serve as the secure element for storing payment applications running on a mobile phone. PCCW-HKT's SWP-SIM can carry different credit cards issued by partnered banks.

The HSBC service is expected to be launched in early 2014. After installing the HSBC Mobile Banking app, PCCW-HKT customers can enjoy the convenience of hassle-free mobile payment services with a range of HSBC credit cards by tapping their NFC-enabled mobile phones over an NFC reader at retail outlets to effect payment. Details of the applicable cards will be announced upon service launch.

Mr. Alex Arena, Group Managing Director of HKT, said, "HKT pledges to keep continuous service innovations in order to enrich the lifestyle of our customers. Our partnership with HSBC will enable customers who use credit cards of various issuers to enjoy the convenience of secure mobile payments with more participating retail outlets."

NFC mobile payment service is increasingly popular in Hong Kong, and more NFC compatible mobile phones are expected to be available soon.

About HKT

HKT (SEHK: 6823) is Hong Kong's premier telecommunications service provider. It meets the needs of the Hong Kong public and local and international businesses with a wide range of services including local telephony, local data and broadband, international telecommunications, mobile, and other telecommunications businesses such as customer premises equipment sale, outsourcing, consulting and contact centers. Together with the highly successful media business of its parent company, PCCW Limited, HKT offers innovative media content and services across the PCCW Group's unique quadruple-play platforms - fixed-line, broadband Internet access, TV and mobile.

For further information, please contact:

Stella Wong
Group Communications
Tel: +852 2888 2253
Email: stella.wm.wong@pccw.com

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