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Technology Stocks : PCW - Pacific Century CyberWorks Limited

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To: ms.smartest.person who wrote (1381)6/11/2001 12:33:22 AM
From: ms.smartest.person  Read Replies (1) of 2248
 
PCCW joins call-to-mainland fray
2001-06-09

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A new wave of luring more users to make calls to mainland is storming Hong Kong, as Pacific Century Cyber Works (PCCW) announced Thursday to begin a short-term free call promotion.

Users of PCCW will be able to make one-hour free calls in July if they call to mainland for half an hour this month, the company said.

The move came after New T&T and City Telecom brought down charges for calls to mainland by 75 percent to HK$0.47 (US$ 6 cents) per minute last week, triggering a series of price-cutting among local competitors.

PCCW's charges for calls to mainland stay highest among five local telecom firms, at HK$1.99 (US 24 cents) per minute.

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