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Technology Stocks : PCW - Pacific Century CyberWorks Limited

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To: ms.smartest.person who wrote (1799)8/9/2001 2:21:05 AM
From: ms.smartest.person  Read Replies (1) of 2248
 
Telstra, PCCW (0008-HK) support CSL's 3G development
17:16 08-AUG-2001

Hubert Ng, chief executive officer of Pacific Century CyberWorks' (PCCW) CSL, said the company leans toward entering a solo bid for a local 3G licence.

Mr Ng also said CSL currently has no financing pressure and shareholders Telstra, together with PCCW, would give support to CSL for the 3G service development.

He added that CSL cannot avoid the falling trend of ARPU among network operators.

(End)
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