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Technology Stocks : PCW - Pacific Century CyberWorks Limited

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To: pennywise who started this subject	2/15/2001 8:25:02 PM
From: ms.smartest.person	Read Replies (1) of 2248

15:07 15-FEB-2001 ING Barings: PCCW, SmarTone growth to be limited by 3G competition ING Barings head of Asian Telecoms Craig Racine said he predicts that over ten bidders will enter the race for the four 3G licences to be offered in Hong Kong. He also estimated that the total number of 3G operators will be ten licencees and virtual network operators together. He pointed out that the potential of shares in PCCW (0008-HK) and SmarTone Telecommunications Holdings Ltd (0315-HK) will be limited as there will be fierce competition. (End) ww5.e-finet.com

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