Pacific Century CyberWorks (PCCW) yesterday outlined its plan to merge with Cable & Wireless HKT and use the assets of Hong Kong's incumbent carrier as a springboard to build broadband services more quickly worldwide.
Pacific Century CyberWorks Ltd. (PCCW) yesterday outlined its plan to merge with Cable & Wireless HKT Ltd. and use the assets of Hong Kong's incumbent carrier as a springboard to build broadband services more quickly worldwide.
Legend Holdings Ltd., a unit of Beijing-based Legend Group Holdings Co., tomorrow will announce a memorandum of understanding with Pacific Century CyberWorks Ltd. (PCCW) to jointly develop broadband Internet projects in China and build PCs for Internet access, a Legend spokeswoman confirmed today.
Merger negotiations between Hong Kong internet investment company Pacific Century CyberWorks (PCCW) and the territory's incumbent telecom carrier, Cable & Wireless HKT, are moving swiftly and have come down to legal and regulatory issues, a source familiar with the negotiations said yesterday.
Cable & Wireless HKT (C&W HKT), Hong Kong's incumbent telecom carrier, yesterday announced that a merger deal may be announced in the next 48 hours between its majority shareholder Cable & Wireless PLC and Pacific Century CyberWorks (PCCW).
U.K.-based Cable & Wireless PLC, majority owner of Hong Kong's incumbent telecom carrier Cable & Wireless HKT Ltd. (C&W HKT), has accepted Pacific Century CyberWorks Ltd.'s (PCCW) bid to merge with the carrier, according to a CyberWorks official quoted in news reports.
U.K.-based Cable & Wireless PLC, majority owner of Hong Kong's incumbent telecom carrier Cable & Wireless HKT Ltd. (C&W HKT), has accepted Pacific Century CyberWorks Ltd.'s (PCCW) bid to merge with the carrier, according to a CyberWorks official quoted in news reports.
Trading in shares of Cable & Wireless HKT Ltd. (C&W HKT), Hong Kong's incumbent telecom carrier, have been suspended on the Stock Exchange of Hong Kong amid reports that the company has received two merger offers.
Merger negotiations between Hong Kong Internet investment company Pacific Century CyberWorks Ltd. (PCCW) and the territory's incumbent telecom carrier, Cable & Wireless HKT, are moving swiftly and have come down to legal and regulatory issues, a source familiar with the negotiations said today.
Hong Kong Internet firm Pacific Century CyberWorks Ltd. (PCCW) will hold a press conference on Monday, reportedly to disclose details of its bid to acquire Cable & Wireless HKT.
RSA Security Inc. plans to make a significant investment in China through its first office in the country, despite the strict regulations on foreign encryption products recently announced by the Chinese government, a top executive of the security vendor said today.
Tom.com Ltd., an Internet portal and new-media company backed by one of Hong Kong's most prominent business tycoons, today closed an initial public offering (IPO) that has had individual investors around the territory lining up for a shot at Internet riches.
Hong Kong Internet holding company Pacific Century CyberWorks last week said it was still in discussions with Cable & Wireless PLC over a proposed purchase of Cable & Wireless HKT (C&W HKT), Hong Kong's incumbent telecommunications carrier.
The company made the statement to the Stock Exchange of Hong Kong in response to reported rumours that a deal had been reached.
As Microsoft Corp. enters a federal court in Washington, D.C. today for the final oral arguments in the U.S. government's antitrust suit, repercussions of the long-running case are being felt half a world away, contributing to lingering image problems for the company in China.
As Microsoft Corp. enters a federal court in Washington, D.C. today for the final oral arguments in the U.S. government's antitrust suit, repercussions of the long-running case are being felt half a world away, contributing to lingering image problems for the company in China.