Ricky Wong (Hong Kong businessman)

Limited (CTI) in 1992, providing alternative international direct dialing (IDD) services at affordable tariffs which broke the predominant market monopoly.

A former member of the Liberal Party in the 1990s,[1] Wong surrendered his Canadian citizenship[2] and contested the 2016 legislative election in the Hong Kong Island constituency,[3] with the objective to oust Chief Executive Leung Chun-ying,[4] but failed to win a seat.

Wong holds a bachelor degree in electronics engineering and an Executive Master of Business Administration from the Chinese University of Hong Kong.

In March 1998, after lengthy negotiation with the government, Hong Kong Telecom International surrendered its exclusive licence[7] for provision of certain external telecommunication circuits and services, eight years earlier than the scheduled expiry, in return for a cash compensation of HK$6.7 billion.

At the time when the whole city is still wired by traditional copper wires using legacy technology (ADSL), with service speed limited to 1.5 Mbit/s to 6 Mbit/s, Ricky Wong acquired a fixed line service license and began a ten-year project of building an all new network in Hong Kong using fibre optics, of which accumulatively invested over HK$3 billion (US$400 million).

As the investment project went on, with equipment and technical support from Cisco Systems, Ricky Wong successfully built the largest Metro Ethernet in the world, and launched probably the first 100 Mbit/s & 1000 Mbit/s broadband service for residential use in 2004 & 2005.

[8] On 3 December 2008, Linus Cheung originally hired Ricky Wong to be the chief executive of Asia Television (ATV),[9] which had long been recognised as pro-Beijing.

[18] In October 2016, Wong launched a physical store of HKTV Mall in North Point to boost its online shopping business, targeted to its 1.23 million registered subscribers.

[21][22] In the initial stages of dispute, Wong suggested a limited relation between the Anti-Extradition Law Amendment Bill and his businesses and refused to comment.

In 19 July, 35 leaders in business and political sectors, including Wong, urged for actual actions by the government to respond to the voice of the society, such as independent investigation of police violence, in the hope of mediating the worsening situation of Hong Kong.