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Technology Stocks : PCW - Pacific Century CyberWorks Limited

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To: ms.smartest.person who wrote (1194)5/16/2001 9:34:43 PM
From: ms.smartest.person  Read Replies (1) of 2248
 
HK-listed PCCW to continue joint operation of companies with Australia's Telstra
Hong Kong Economic Journal; May 16, 2001

Hong Kong-listed Pacific Century CyberWorks Ltd (PCCW), involved in technology businesses related to the internet and the delivery of broadband internet service provider (ISP)-enabling services, announced that it has no intention of withdrawing from the three companies jointly operated with Australia-based Telstra Corp Ltd. PCCW, which has cash of over US$1bn and net debts of US$925m, plans to invest in business-to-customer business and cyberport projects in 2001.

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