China Telecom E-News, April 23-29, 2000
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China Telecom 2000 Conference will be held in Washington DC, May 16-17,
2000. See speaker list below. For more information, visit
igigroup.com
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PCCW Looks To Shore Up Bid
Pacific Century CyberWorks sought to shore up its bid for Cable & Wireless
HKT, unveiling a broadcasting joint venture and telegraphing a slew of
upcoming deals.
Francis Yuen, deputy chairman of the Hong Kong Internet start-up, said:
"We are signing quite a number of new content providers, which will be
announced in a couple of weeks. What we can do is business as usual, and
let the investors decide."
It will also roll out its long-awaited broadband Internet services across
Asia, including China and Japan, to be delivered by satellite or cable in
June, Mr. Yuen said. Cable and Wireless shareholders will meet to vote on
their company's sale of 54 per cent in C&W HKT in June, putting the share
price at that time under keen scrutiny.
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CyberWorks HKT Bid in Question, Singtel may make counteroffer
Pacific Century CyberWorks said it's standing firm on a two-month-old
offer for Cable & Wireless HKT, even after its tumbling share price sliced
the value of its bid by a third and sparked reports of a counteroffer.
Singapore Telecommunications and Rupert Murdoch's News Corp. lost out to
Hong Kong entrepreneur Richard Li's CyberWorks in the bidding war for Hong
Kong's biggest telephone company. Now, they may be poised to make a $30
billion counteroffer to Cable & Wireless.
CyberWorks' cash and stock offer was worth $38.1 billion when it was
first announced Feb. 29. In the two months since, CyberWorks shares have
slid 42 percent as investors worldwide questioned the prices they paid for
online pioneers with scant earnings, cutting the value of its offer to
$25.7 billion.
CyberWorks remains optimistic, Li said. Senior executives at Cable &
Wireless, which owns 54 percent of HKT, told him during the past two days
that the transaction was on track, Li told reporters in Hong Kong. In
London, Cable & Wireless spokesman Peter Eustace said much the same.
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India?s Growth Rate May Surpass China?s for First Time Since 1990
For the first time in a decade, India might grow at a faster rate than
China this year according to the Asian Development Bank, in its annual
economic outlook. The ADB projects that India will post 7 percent
inflation-adjusted growth in 2000 and 2001, outpacing China, which it
projects will grow at a 6.5 percent rate in 2000 and 6 percent rate in
2001. The last time that growth in India outpaced China was in 1990. India
is benefiting from a resillient industrial sector, a reform-minded
government and a software and services sector taking part in the New
Economy boom.
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DiviCom Wins Deployment for Digital Cable Television System in China
DiviCom announced that China's Nanning Cable Television has selected its
head-end solution for the deployment of a digital Hybrid Fiber/Coaxial
(HFC) CATV system. The deployment in China's Guangxi Province, set for
May, will mark the third time in the last year that DiviCom has been
selected to provide head-end equipment for digital television services
never before seen in China. In February, DiviCom deployed its head-end
technology for the country's first digital multi-channel, multi-point
distribution system (MMDS). And in August 1999, DiviCom's head-end
solution was chosen for China's first direct-to-home (DTH) digital
satellite service.
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C&W HKT, Hutchison, Smartone to Announce Linkup
Telecom firms Cable & Wireless HKT, Hutchison Telecom and SmarTone
Telecommunications Holdings said they would announce an initiative to
promote mobile e-commerce in Hong Kong. The three companies, which operate
separate and competing mobile telephone service businesses in the
territory, said they would announce the joint initiative on Wednesday.
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China Sets Up Two Giant Groups in Telecom Sector
After more than two years of deliberation and preparations, the China
Telecommunications Co. and the China Mobile Telecommunications (Group) Co.
jointly announced their establishment here today. Minister of Information
Industry Wu Jichuan said that the establishment of the two groups marks
the strategic restructuring and a new breakthrough in China's
telecommunications industry.
The registered capital of China Telecommunications (Group) Co. and the
China Mobile Telecommunications (Group) Co. is 220 billion yuan and 51.8
billion yuan, respectively, both ranking among the country's State-owned
extra-large companies.
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Top Telecom Executives to Convene at China Telecom 2000 Conference in
Washington DC on May 16-17, 2000
Telecom officials and executives from China and several other countries
will network at the China Telecom 2000 ? China at the Crossroads. The
conference is organized by Information Gatekeepers and will be held at the
Wyndham Hotel in Washington DC from May 16-17, 2000. The event offers the
best opportunities to network and exchange views on future business
development strategies in China.
In addition to the key note speakers from the Chinese Ministry of
Information Industry, China Unicom and Beijing University of Post and
Telecom, CEOs and other high ranking executives from the following
multinational companies will address the conference: AsiaInfo,
Chinadotcom, GRIC Communications, Lucent Technologies, Ericsson, Nortel
Networks, FLAG Telecom, Multacom, Scient, NeTrue, VocalTec, ITXC, Nuera
Communications, Intelsat, Global VSAT Forum and many others.
The conference will cover a wide array of topics related to the telecom
market in China. Key areas of discussion include the WTO, the Internet,
e-commerce, fiber optics and optical networking, broadband infrastructure,
telecom services, investment financing models, new telecom policies, IP
phone and fax regulations, wireless, mobile satellite, VSAT, and access
technologies.
The following is a list of the speakers scheduled to address the
conference:
Mr. Lei Zhenzhou, Director, Telecom S&T Information Research Institute,
Ministry of Information Industry
Dr. Hu Qingdong, Department of Technology, China Unicom
Prof. Qiliang ZHU, Director General, Telecom R&D Center, Beijing
University Post and Telecommunications
James Ding, CEO, AsiaInfo Holdings Inc.
Peter Hamilton, Chief Operating Officer and Chief Financial Officer,
chinadotcom corporation
Dr. Hong Chen, CEO/ Present/Founder, GRIC Communications Inc.
Dr. Ben Fan, Chief Architect, Lucent Technologies China
David Almstrom, Vice President - Business Strategies, Ericsson China
Wilson S. Wang, Chief Representative- China, Senior Advisor, Asia Pacific,
FLAG Telecom
Sonny Wu, President, Guangdong Nortel Inc.
Liping Chen, Founder/Director, William R. Robertson, Executive VP- Sales
and Marketing, Multacom
Charles Mah, Sr. Manager,International Marketing, ASP and China, Nortel
Networks
Christine Keck, Director - Asia Pacific Programs, Telecommunications
Industry Association
Paul Kullman, Second Secretary, US Embassy in Beijing
Jay HU, Managing Director, United States Information Technology Office
Dr. Denis Fred Simon, Managing Director, Asia Consulting Innovation
Center, San Francisco/Singapore, Scient
Anthony W.Y. Chan, Attorney and Partner, Koo and Partners, Hong Kong
Dave Hartshorn, Secretary General, Global VSAT Forum
Dr. Yao Gao, Director Asia, Intelsat
Tara Guinta, Partner, Coudert Brothers
Andy Voss, Vice President, Strategy and Business Development, Nuera
Communications Inc.
Steven Ott, Director of Global Sales, ITXC Corp , Avihu Bergman, VP
Business Development, IP Telephony Group, VocalTec Communications Ltd.
James Shen, President and CEO, NeTrue Communications, Inc.
For additional information contact: Corey Hollister, Conference Director,
IGI, Tel: 1-800-323-1088, or 1-617-232-3111, Fax: 1-617-734-8562, E-mail:
corey@igigroup.com. To view the complete conference program or to register
on online: www.igigroup.com. |
