Pacific Century CyberWorks (NYSE: PCW; OTC BB: PCWKF) (PART 1/2)
Thanks to PseudoTensor, PCW Raging Bull
corporate web site-----> cyberworks.com
Pacific Century CyberWorks [SEHK: 0008], formed on 17 August 2000 by the merger of Pacific Century CyberWorks and Cable & Wireless HKT, is a leader in the global satellite, telephony and Internet service industries. We have a total of 15,000 employees in 25 offices in 18 countries worldwide. Our pioneering communications solutions include the world's first interactive television service and the world's first true converged Internet and digital video content service, with a potential reach of over 135 million cable-connected households across the Asia-Pacific region.
Mission Statements -----> cyberworks.com
- Attract the best talent as the employer of choice
- Create and capture growth opportunities in the global New Economy
- Deliver innovative services that enhance the lifestyles and businesses of our customers
- Be the preferred partner to develop and propel focused businesses that achieve our vision
Company Profile -----> cyberworks.com
Main Offices
38/F Citibank Plaza, 3 Garden Road, Central
Hong Kong
Tel: (852) 2514 8888
Fax: (852) 2524 4375
39th floor, Hongkong Telecom Tower, TaiKoo Place, 979 King's Road, Quarry Bay, Hong Kong.
Tel: (852) 2888-2888
Fax: (852) 2877-8877
Market Capitalization
HK$ 268.7 billion (US$ 34.5 billion) as of 11 September 2000
Unaudited Pro Forma Total Assets
HK$74.34 billion (US$9.6 billion) as of 31 March 2000
Revenues
- Pacific Century CyberWorks
HK$152 million (US$19.5 million), year ended 31 December 1999
- Cable & Wireless HKT
HK$28.3 billion (US$3.64 billion), year ended 31 March 2000
Earnings - Pacific Century CyberWorks
HK$346.8 million (US$44.6 million), year ended 31 December 1999
- Cable & Wireless HKT
HK$8.2 billion (US$147 million), year ended 31 March 2000
Global Presence
25 Offices in 18 countries
Number of Employees
15,000
Nature of Business
Satellite, Telephony, Internet and Multimedia
Lines of Business Operating Sectors and Business Units
Telecommunications Services
Global Telecommunications Services
- Connectivity Services
- Mobility Services
Net Enterprises
- Broadband Business-to-Consumers Services
- Business-to-Business Services
- Data Centers/ Web Hosting Services
- CyberWorks Ventures
Infrastructure Services
Strategic Partners
Among our strategic partners are Intel, the leading computer and networking technology company; CMGI, one the largest aggregators of Internet brands and technology; Trans World International (TWI), the world's largest sports content supplier; Daimler Chrysler Aerospace, the leading satellite technology company; Microsoft, the leading software company; Sun Microsystems, a leading network technology company; and Legend Holdings, China's leading PC manufacturer and distributor.
Convergence
NOW (Network of the World), the world's first fully-converged TV-and-satellite Internet service, has a potential reach of more than 135 million cable television households under the AsiaSat3 footprint
IP Backbone
Through a proposed partnership with Telstra, Pacific Century CyberWorks will be
- The second-largest IP backbone company in the Asia-Pacific region, with a combined international capacity of more than 1.2 Gbps of Internet connectivity
- The world's third-largest, with combined international voice traffic (Australia and Hong Kong) of over 5 billion minutes.
Listings - Ordinary Shares: Stock Exchange of Hong Kong
- American Depository Receipts: New York Stock Exchange
Other Information
A constituent of the:
- MSCI Hong Kong Index
- MSCI Far East (ex-Japan) Index
- Hang Seng Index
Company Structure-----> cyberworks.com
Management -----> cyberworks.com
Richard Li
Richard Li is Chairman and Chief Executive of Pacific Century CyberWorks, Chairman of the Company's Executive Committee and a member of the B2C Executive Committee. He is also Chairman and Chief Executive of the Pacific Century Group and Chairman of Pacific Century Regional Developments Limited. Before founding the Pacific Century Group, Mr. Li built Star TV, Asia's first satellite-delivered cable television service in 1990. In the three years under his leadership, Star TV's subscriber base grew to over 53 million homes across Asia, the Middle East and Europe. The sale of Star TV to News Corp in 1993 provided the capital to launch the Pacific Century Group in October that year. Mr. Li was born in Hong Kong in 1966. He was educated in the US and graduated from Stanford University with a degree in computer engineering. Mr. Li is a member of the Center for Strategic and International Studies' International Councillors Group in Washington, D.C., the World Economic Forum and the International Advisory Board of the Center for International Development at Harvard University.
Alexander Arena
Alexander Arena is Deputy Chairman of the Executive Committee of Pacific Century CyberWorks. Mr. Arena is also a Director of Pacific Century Regional Developments Limited. He joined the Pacific Century Group in 1998. He was a Special Policy Adviser to the Government of Hong Kong from 1997 to 1998. From 1993 to 1997, Mr. Arena was the Director-General of Telecommunications in the Office of the Telecommunications Authority of Hong Kong as well as a member of the Broadcasting Authority. Prior to his appointment as Director-General, Mr. Arena was recruited to Hong Kong to plan a reform program for the liberalization of Hong Kong's telecommunications sector. Prior to his appointment to the Government of Hong Kong, he was an inaugural member of The Australian Telecommunications Authority and had served in that capacity for four years. Mr. Arena has had an extensive career in public administration, specializing in high technology and infrastructure industries. From a practicing radio/communications engineer to a public policy maker, his experience spans such diverse areas as the commercialization of government-owned business enterprises and deregulation in the aviation, transport, telecommunications and postal industries. Mr. Arena graduated from the University of New South Wales, Australia with a Bachelor's degree in Electrical Engineering and completed an MBA degree at Melbourne University, Australia.
Linus W. L. Cheung
Linus Cheung Wing Lam is a Deputy Chairman of the Pacific Century CyberWorks and a member of the Executive Committee. Prior to the merger of Pacific Century CyberWorks and Cable & Wireless HKT, Mr. Cheung was Chief Executive of Cable & Wireless HKT and Executive Director of Cable & Wireless plc. Before joining C&W HKT, Mr. Cheung was Deputy Commercial Director of Cathay Pacific Airways of the Swire Group in 1991 and the following year joined their Board of Directors as their Executive Director of Hong Kong. Prior to joining Cable & Wireless HKT, Mr. Cheung was Deputy Managing Director of Cathay Pacific Airways. He received a BSc degree with Honors and a Diploma in Management Studies from the University of Hong Kong. He also received management training of short durations in a number of institutions including the Harvard Business School, INSEAD of France, Oxford University, the London Business School and the Asian Institute of Management. Mr. Cheung was appointed in 1995 as an advisor to the Chinese Society of Macroeconomics of the State Planning Commission of the People's Republic of China. He is currently Chairman of the University of Hong Kong's Management Board of the School of Business and sits on numerous boards and committees including the Financial Secretary's Services Promotion Strategy Group, the Securities and Futures Commission Advisory Committee, the Hong Kong Policy Research Institute, the Council of the University of Hong Kong and the General Committee of the Hong Kong General Chamber of Commerce.
David N. Prince
David Prince is Group Chief Financial Officer of Pacific Century CyberWorks. Mr. Prince is also a member of the Company's Executive Committee and a member of the B2C Executive Committee. Mr. Prince was previously Deputy Chief Executive and Finance Director of Cable & Wireless HKT. He was educated in the U.K. and was sponsored at business school by British Gas as part of their management training scheme. David worked for British Gas in a number of purchasing and marketing roles, then moved to the Dutch electronics group, Philips, initially as Management Accountant and later as head of one of their audit groups. He joined TRW (the US space defense group) in 1977 as Commercial Director responsible for the finance and commercial activities of a joint venture in the oil industry. Mr. Prince joined Cable & Wireless in 1981 as Financial Comptroller for the European division and in 1984, was appointed Divisional Manager of Finance to Cable & Wireless's Hong Kong subsidiary (Cable & Wireless Hong Kong). In 1987, he returned to the U.K. as Controller Strategic & Financial Planning for the C&W Group. He was appointed as Finance Director to C&W HKT in 1994. He is a member of the Chartered Institute of Management Accountants and the Chartered Institute of Purchasing and Supply.
Peter To
Peter To is a Deputy Chairman of Pacific Century CyberWorks and Managing Director - Infrastructure & Real Estate Services. He is also Managing Director and Chief Executive Officer of Pacific Century Regional Developments Limited. He has been active in property development and investment for more than 27 years. Mr. To obtained a Certificate of Housing Management from the University of Hong Kong and is a Fellow of both of the Chartered Institute of Housing (UK) and Hong Kong Institute of Housing. Prior to joining the Pacific Century Group in September 1997, he was Managing Director of the Hutchison Whampoa Property Group. From 1983 until July 1997, Mr. To was mainly responsible for the development, marketing and management of all development and investment properties in the Hutchison Whampoa Property Group's portfolio, which included a wide range of industrial and warehousing, commercial and residential development projects in Hong Kong and in major cities in the People's Republic of China with a total floor area of over 2.5 million square meters. Mr. To is responsible for the overall strategy of the property development business of the Company and the Cyberport Project.
Francis Yuen
Francis Yuen is a Deputy Chairman of Pacific Century CyberWorks and a member of the Company's Executive Committee. He is also Deputy Chairman of the Pacific Century Group, Chairman of Pacific Century Insurance Holdings Limited and Deputy Chairman of Pacific Century Regional Developments Limited. He joined the Pacific Century Group in 1996 after an extensive career in investment banking and financial regulatory affairs that spanned Asia. From 1988 to 1991, he was Chief Executive of The Stock Exchange of Hong Kong Limited. Mr. Yuen was also a founding director of Hong Kong Securities Clearing Company Limited. Mr. Yuen served from 1992 to 1994 as a member of the International Markets Advisory Board of Nasdaq in the United States, the second largest stock market in the world. He was made the Managing Director of Citicorp Scrimgeour Vickers Hong Kong Limited in October 1986, and was appointed to the firm's main board in London in 1987. Mr. Yuen worked for Wardley, a merchant bank, from 1977 to 1985. Mr. Yuen is the Chairman of the Board of Trustees of the Hong Kong Centre for Economic Research, a member of the Shanghai People's Political Consultative Committee, and a member of the Board of Trustees of Fudan University in Shanghai. He received a Bachelor of Arts degree in Economics from the University of Chicago and is presently a member of the Board of Trustees of the University.
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