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Technology Stocks : PCW - Pacific Century CyberWorks Limited

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To: ms.smartest.person who wrote (699)	3/26/2001 11:07:23 PM
From: ms.smartest.person	Read Replies (1) of 2248

PCCW: Down Payment Should Be Forfeited for Violating 3G Rules Mar 26, 2001 - 18:23:47 HKT Quamnet News Service Pacific Century CyberWorks (0008), which owns Hong Kong's second-largest mobile phone service by subscribers, supported the government in the latter's proposal to forfeit the down payment of 3G license bidders if they withdraw after receiving the licenses or violate other rules, said Hubert Ng, head of its mobile phone operations. The plan will help protect other bidders of the licenses, he said quamnet.com

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