Telecompaper (Free subscription) | 11/20/2008
(Telecompaper) PCCW-HKT Telephone has launched its CDMA2000 mobile service in Hong Kong, according to the Office of the Telecommunications Authority. This is the fifth 3G mobile network in Hong Kong, in addition to four W-CDMA networks licensed in 2001. At service launch, the new network offers high speed data and voice services conforming to the CDMA2000 standard in the golden bowl areas covering...
Kishor Cariappa (Free subscription) | 11/19/2008
The ever-vigilant Muscati had buzzed me about this development yesterday, and today it proved right as I cross checked with a few sources. And, the below report proves that Awaser Oman-PCCW Consortium lost their licence as they could not meet financial obligations set by TRA. MUSCAT: Nawras, the Omani affiliate of Qatar Telecommunications Co (Qtel), has won a licence to set up Oman's second...
Wireless Federation (Free subscription) | 11/21/2008
PCCW has launched it CDMA2000-based mobile service in Hong Kong, reports The Office of the Telecommunications Authority (OFTA). In a statement the telecoms regulator said, ‘This is the fifth 3G mobile network in Hong Kong , in addition to the four W-CDMA networks licensed in 2001. At service launch, the new network offers high speed [...]
Variety.com (Free subscription) | 11/13/2008
TV News: Now Hong Kong begins broadcasts Dec. 12 -- PCCW, media giant and parent company of Hong Kong pay TV operator Now TV, unveiled on Wednesday a new Cantonese-language channel.
3wan.net (Free subscription) | 11/08/2008
Time to Make the Break From PCCW It's time, at last, for shareholders to make a clean break with PCCW and its Chairman Richard Li. A Singapore-listed company Mr. Li controls, and PCCW's other major owner, China Network Communications Group, have offered to buy the 52.4% of the Hong Kong telecom company they don't already own for HK$4.20 (54 U.S. cents) a share. That's generous...
Guide to Hong Kong (Free subscription) | 11/10/2008
A great article in the Sydney Morning Herald today tells the story of how a Melbourne housewife became a major shareholder in the Australian toll ...
Financial Time (Free subscription) | 11/10/2008
Minority shareholders in PCCW are once again stuck between the devil and the South China sea. Richard Li, the billionaire tycoon, along with China Unicom, have...
People Daily (Free subscription) | 11/06/2008
Hong Kong tycoon Richard Li and China Unicom yesterday said they would offer $1.9 billion to take Li's Hong Kong telecommunications company PCCW Ltd private. Li's Singapore-listed company Pacific Century Regional Development Ltd (PCRD) and China Network Communications Group, now owned by China Unicom following the country's recent telecom restructuring, will offer HK$4.20 a share to buy out...
MaldivianDigital® :: Forum (Free subscription) | 11/06/2008
Its bid to sell its share of PCCW having been killed off by the current financial crisis, the Richard Li-controlled Pacific Century Regional Developments now wants to take the Hong Kong telco...
Financial Time (Free subscription) | 11/06/2008
Richard Li and his Chinese state-owned partner face a battle to clinch the proposed $2bn takeover of PCCW, the Hong Kong telecommunications company, amid signs that...
Financial Time (Free subscription) | 11/05/2008
Richard Li and his Chinese state-owned partner face a battle to clinch the proposed $2bn takeover of PCCW, the Hong Kong telecommunications company, amid signs that minority shareholders will reject the offer price
Telecompaper (Free subscription) | 11/05/2008
(Telecompaper) China Netcom and Pacific Century Regional Developments have offered to buy out PCCW's other shareholders at HKD 4.20 per share. The offer for the remaining 52.4 percent of the Hong Kong operator that they don't yet own is worth HKD 14.9 billion. Pacific Century Regional Developments (PCRD), which is controlled by PCCW chairman Richard Li, and China Netcom will take the...
Law Blog - WSJ.com (Free subscription) | 11/05/2008
Shares of PCCW, Hong Kong's dominant fixed-line phone carrier, jumped 27% on Wednesday in response to details of the purchase plan disclosed Tuesday night. Under the proposed deal, a group that includes PCCW Chairman Richard Li and major stakeholder China Network Communications Group Corp. would buy the portion of the company they don't control ...
Financial Time (Free subscription) | 11/05/2008
After three abortive attempts to exit, PCCW's Richard Li is reversing course and plans to take the whole shebang private
Wireless Federation (Free subscription) | 11/04/2008
Richard Li and China Netcom have, reportedly, agreed to buy out shareholders for up to $2.5 billion and take PCCW private. The reports came after PCCW had denied sale of its core assets last month, which led to fall in stocks. China Netcom agrees to buy 57.62% of PCCW Group for HKD19.5 billion ($2.5 billion), [...]
