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Technology Stocks : PCW - Pacific Century CyberWorks Limited

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To: ms.smartest.person who wrote (1837)	8/15/2001 11:38:39 PM
From: ms.smartest.person	Read Replies (1) of 2248

PCCW-HKT to bid for Hong Kong 3G mobile-phone license (14 August 2001) Not to be left out of Hong Kong’s plans for a glorious high-tech future, Richard Li’s Pacific Century CyberWorks-Hong Kong Telecom (PCCW-HKT) has decided to bid for one of the city’s four third-generation mobile phone licenses to be issued. According to a report in the Aug. 10 Renmin Ribao (People’s Daily), Communication Services Ltd. (CSL), the mobile phones unit of (PCCW-HKT), will be making an independent bid. The report said it is unlikely CSL will join forces with other operators in the auction. The government of the Hong Kong Special Administrative Region will start accepting applications starting in the middle of next month. Aug. 9 was the last day for Hong Kong operators with second-generation mobile licenses to apply to bid for one of the 3G licenses. CSL is a regional mobile communications company jointly run by PCCW-HKT and Australia’s Telstra. c.moreover.com

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