PCCW Limited (PCCWY) Q2 2026 Earnings Call July 30, 2026 5:00 AM EDT
Company Participants
Hon Hing Hui - Executive Director, Group Managing Director & CFO
Marco Wong - Head of M&A, Corporate Development and Investor Relations
Presentation
Operator
Ladies and gentlemen, welcome to the PCCW 2026 Interim Results Announcement. Presenting today are Ms. Susanna Hui, Group Managing Director and Group CFO; and Mr. Marco Wong, Head of Investor Relations. Over to Susanna, please.
Hon Hing Hui
Executive Director, Group Managing Director & CFO
Hello, everyone. Thank you for attending the results briefing of PCCW for the Interim 2026. So for the first 6 months, we have delivered very solid execution as an AI-enabled telecom-anchored TMT platform, underpinned by the stable cash flow generated from HKT, advancing AI transformation across multiple business lines, subscriber growth on our regional OTT platform, sustained resilience on our domestic Free TV view business and expanding traction in the artist management and event business, building a stronger momentum into the second half.
Translating into numbers, you can see here that our consolidated revenue reported a 7% growth to USD 2.59 billion and an EBITDA increasing by 3% to USD 793 million. This is primarily contributed by a solid 8% year-on-year revenue growth from HKT side with a corresponding 3% growth in EBITDA, plus also an 8% growth in our Free TV business as well as a relatively stable OTT turnover.
On the back of this performance, the Board has declared an interim dividend of HKD 0.0977 per share. While PCCW continued to benefit from HKT's steady growth and distribution upstream, we will adopt a disciplined dividend policy, prioritizing financial strength for sustainable growth while also striving to provide stable returns for shareholders.
Let us now take a deeper dive into the respective businesses. Firstly, our regional OTT
