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Technology Stocks : PCW - Pacific Century CyberWorks Limited

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To: pennywise who started this subject2/1/2001 9:13:58 PM
From: ms.smartest.person  Read Replies (1) of 2248
 
14:48 01-FEB-2001 Telstra rejects PCCW's global cable network installation plan

There has been no further news on Pacific Century CyberWorks's proposal from last October in which the JV with Telstra would install a global fibre-optic and invite partners.

Martin Ratia, a spokesman for Telstra, told Bloomberg that Telstra in fact had no intention to take part in the project which at that time it considered inappropriate. He added that the company could be renting for network capacity instead of owning it.

ww5.e-finet.com
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