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Technology Stocks : PCW - Pacific Century CyberWorks Limited

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To: ms.smartest.person who wrote (1618)	7/12/2001 2:03:33 PM
From: ms.smartest.person	Read Replies (1) of 2248

Hubert Ng: CSL not recruit tech staff fr PRC 2001-07-05 11:13 (Infocast News) Hubert Ng, Chief Executive Officer of CSL, said that the company is not under pressure for head count cut. It has more than 1,000 employees at present. The company will not recruit any technology staff from mainland China in the near future. However, he did not rule out the possibility of hiring people from the mainland in the future. PCCW (0008), which holds 40% CSL, announced to cut 340 jobs of its B2C business yesterday. On the other hand, it is going to hire people from the mainland this weekend. He revealed that Regional Wireless Company will concentrate on expansion in Asia's telecommunications markets, and mainland China is one of the target markets. If RWC enters the mainland market, it may provide value-added telecommunications service in the role of MVNO. It will also seek a joint venture company with mainland partners.

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