Generate a correct and concise answer for the question based on the words in the context.

Context : HK Television Entertainment Company Limited (Chinese: 香港電視娛樂有限公司, known as HKTVE) is a television service operator in a Hong Kong operated by Hong Kong billionaire Richard Li's PCCW, who also owns a IPTV platform, Now TV. 
Question : Which company is the parent company of HK Television Entertainment?
PCCW