Operator
Ladies and gentlemen, welcome to the PCCW 2025 Annual Results Announcement. Presenting today are Ms. Susanna Hui, Acting Group Managing Director and Group CFO; and Mr. Michael Wong, Head of Investor Relations. Over to Susanna, please.
Hon Hing Hui
Acting Group MD, Group CFO & Executive Director
Thank you. Despite global trade uncertainties and cautious consumer sentiment, the Hong Kong economy recovered steadily throughout 2025. And against this market backdrop, PCCW delivered a resilient performance supported by disciplined execution on our side and continuous scaling of our core businesses.
Reflecting on our key achievements during the year, our regional video streaming platform, Viu, remains the undisputed #1 Asian player in the greater Southeast Asian markets with paid subscribers reaching 16.8 million and new growth initiatives, including Viu Shorts, gearing the business up for sustainable growth. ViuTV continued to deepen engagement, expanding its reach among younger viewers with a strengthened and expanded talent roster and an exciting lineup of group concerts planned for the coming year.
As for HKT, we announced results yesterday, and we remain committed to offering the best-in-class digital infrastructure to support enterprises and enhance customer experience as they embrace AI-enabled technologies.
Looking at the financial highlights for 2025. In terms of revenue, PCCW delivered a 7% increase in terms of top line to over USD 5.16 billion with EBITDA increasing 3% year-on-year to USD 1.704 billion. We have OTT business recording improved performance with 5% revenue growth as well as over 50% increase in EBITDA, benefiting from the expanding economies of scale, improving operating efficiency and a prudent content strategy.
