New World
In March 2006, New World PCS Limited merged with Hong Kong CSL Limited to form a new intermediate holding company called CSL New World Mobility, whose shareholders are Australian telecommunications company Telstra (76.4%) and New World Mobile Holdings (23.6%). New World Mobility became one of the brands of the holding company's mobile services. In October 2006, New World Mobile Holdings sold its 23.6% stakes of the intermediate holding company to New World Mobile Holdings' parent company New World Development.