PCW - Pacific Century CyberWorks Limited Message Board

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Technology Stocks : PCW - Pacific Century CyberWorks Limited

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To: ms.smartest.person who wrote (492)	3/5/2001 10:56:16 PM
From: ms.smartest.person	of 2248

PCCW Said to Acquire "Hong Kong Yellow Pages" Mar 06, 2001 - 10:37:17 HKT Quamnet News Service Pacific Century CyberWorks (0008), a major Asian communications company which owns Hong Kong's largest phone company, is purchasing from a Canadian partner the interest in the publisher of Hong Kong Yellow Pages, said Hong Kong Economic Times. Telecom Directories Ltd, currently 51 percent owned by CyberWorks and 49 percent by Canada's Bell Actimedia Ltd, is a joint venture publishing phone directory for commercial units. It also maintains an online phone directory, encompassing 300,000 Hong Kong companies. It has been reported that Telecom Directories expects online advertising revenue to grow 70 percent to HK$85 million this year. CyberWorks will own the whole of Telecom Directories after the transaction, as one of the steps to explore its yellow-page businesses in the Greater China, said the newspaper. The company acquired 37.65 percent stake in ChinaBIG, a business online directory for HK$200 million in September. quamnet.com

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