PCCW Limited Reports Robust Mid-Year Financial Growth

PCCW Limited (HK:0008) has released an update.

PCCW Limited has reported a positive interim financial performance for the first half of 2024, with revenues rising by 5% and EBITDA increasing by 1%. The company’s OTT services, including Viu which reached 11.7 million paid subscribers, have shown significant growth, with the OTT Business revenue up by 12% and EBITDA soaring by 39%. The growth is attributed to the company’s focus on locally relevant content and strategic partnerships to extend market reach.

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