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Technology Stocks : PCW - Pacific Century CyberWorks Limited

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To: ms.smartest.person who wrote (1181)5/13/2001 10:25:37 PM
From: ms.smartest.person  Read Replies (1) of 2248
 
REPEAT&CORRECT: AUSTRALIAN PRESS: Telstra-PCCW Eye Japan

May 6, 2001
Dow Jones Newswires

SYDNEY -- Telstra Corp.'s (TLS) Asian Internet joint venture with Richard Li's Pacific Century CyberWorks Ltd. (H.PCW), called Reach, is in talks to link up with a Japanese Internet portal company, reports The Australian. The discussions are unlikely to lead to NTT DoCoMo Inc. (J.NTX) taking a stake in Reach because it is a competitor in the region, the paper said.

Newspaper Web site: news.com.au

(An item timed around 2212 incorrectly said NTT DoCoMo is likely to take a stake in Reach.)

-By Graham Morgan, Dow Jones Newswires;

61-2-8235-2962; graham.morgan@dowjones.com

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