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Technology Stocks : PCW - Pacific Century CyberWorks Limited

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To: ms.smartest.person who wrote (1091)4/18/2001 7:06:48 PM
From: ms.smartest.person  Read Replies (1) of 2248
 
HK-listed PCCW announces path of co-operation with Galaxy Satellite Broadcasting unclear

Hong Kong Economic Journal; Apr 13, 2001

Hong Kong-listed Pacific Century Cyber Works (PCCW), a provider of broadband solutions, announced that it has not determined the way in which it will co-operate with Galaxy Satellite Broadcasting, a subsidiary of HK-listed Television Broadcast Ltd. PCCW considers that if the two companies are to set up a joint venture (JV), the JV should apply for pay television operating licences independently. Galaxy Satellite Broadcasting has applied to the government to postpone the submission of guarantee fees for licenses.

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