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Technology Stocks : PCW - Pacific Century CyberWorks Limited

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To: ms.smartest.person who wrote (1187)5/13/2001 10:34:52 PM
From: ms.smartest.person  Read Replies (1) of 2248
 
HK PRESS:PCCW To Announce B2C Restructure Plan By End-Jun
Dow Jones Newswires

May 8, 2001
Dow Jones Newswires

HONG KONG -- Pacific Century CyberWorks Ltd. (H.PCW) said it will announce by the end of June its restructuring plan for its business to customer (B2C) services, Hong Kong Economic Journal reports, quoting Chairman Richard Li. Li also said PCCW could generate growth via bandwidth leasing services and other value-added services. He added that Reach Ltd., the 50-50 Internet backbone joint venture between Australia's Telstra Corp. (TLS) and PCCW, could lease out bandwidth.

-By Wendy Lim, Dow Jones Newswires; 852-2802-7002; wendy.lim@dowjones.com

-0- 09/05/01 02-01G

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