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Technology Stocks : PCW - Pacific Century CyberWorks Limited

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To: pennywise who started this subject10/7/2001 11:22:48 PM
From: ms.smartest.person  Read Replies (1) of 2248
 
PCCW Plans to Cut Phone Fees, Sell Non-Core Businesses: Paper
Oct 08, 2001 - 10:11:26 HKT

Quamnet News Service

Pacific Century CyberWorks Ltd. (0008), Richard Li's Asian communications vehicle, plans to cut its residential and commercial telephone services fees and to sell its non-core businesses including part of its on-line financial businesses to enhance competitiveness, the Hong Kong Economic Times reported, citing market rumors.

Deputy Chairman Linus Cheung didn't deny the rumors when answering the paper's enquiries, only saying that there was misunderstanding in the issues, the Chinese paper reported. Cheung said he will explain to the press when appropriate.

quamnet.com
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