about PCNTF:
Pacific Internet Pte Ltd
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OVERVIEW
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The only thing Pacific Internet is fishing for in the Asia/Pacific region is gold. Owner of Pacific Internet Corporation (PIC), the leading Internet service provider (ISP) on the island city-state of Singapore, Pacific Internet also trolls for clients in Hong Kong and the Philippines. The company owns interests in other ISPs -- 50.1% of Hong Kong Supernet and 40% of Pacific Internet Philippines (PIP) -- and a 15% stake in 1-Net Singapore (owner of Singapore's high-speed nationwide network). Its services include dial-up and dedicated access, e-mail, personal Web sites, news links, and remote account access. Singapore subscribers can also receive brief e-mail messages on pagers and mobile phones; businesses are offered Internet consulting services, Web site hosting and co-location, virtual private networks (using the Internet as a dedicated network), and a spot in an online mall.
Pacific Internet has more than 200,000 subscribers. About 60% of its shares are owned by SembVentures, a unit of Sembawang Corporation, and 20% by Singapore International Media's SIM Ventures. Sembawang and SIM are controlled by Temasek Holdings, Singapore's government-owned holding company.
Pacific Internet was incorporated in 1995 as Sembawang Media. Through a joint venture with ST Computer Systems & Services and SIM Ventures, Sembawang Media established PIC. The next year, Sembawang Media increased its ownership of PIC from 50% to 75% and bought about 50% of Sembawang PacMann, Hong Kong Supernet's parent.
In 1997 the firm began to offer Internet services in the Philippines. A year later the Singapore government lifted its restrictions on the number of Internet competitors allowed in the region. After transferring all of its Internet-related interests (except PIC) to shareholder SembVentures, Sembawang Media changed its name to Pacific Internet. Pacific Internet then bought back 50% of Hong Kong Supernet and 40% of Primeworld Digital Systems, the operator of PIP. The company also signed an agreement with Singapore firm Thakral Brothers to offer Internet services in India. Pacific Internet went public in 1999.
NEWS & COMMENTARY
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Hoover's Selected Stories
Internet Services Provider Revamps
(South China Morning Post, March 15, 1999)
Supernet Stake For Sale
(South China Morning Post, February 15, 1999)
Company Press Releases
Current News for Pacific Internet
Archived News about Pacific Internet
More News
OFFICERS & EMPLOYEES
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Executive Chairman: Chan Wing Leong, age 42
CEO: Nicholas M. T. Lee, age 42
SVP Special Projects: Quek Keng Ngak, age 43
Deputy General Manager: Lim Hock Koon, age 37
Director Finance: Chiam Heng Huat, age 33
Director Sales and Marketing: Debbie S. H. Woon, age 39
Director Product Management: Chiew Min Phay, age 41
General Manager Mediaworks: Mark Anthony Hobson, age 34
General Manager Hong Kon Supernet: Eric W. L. Kong, age 47
Deputy Director Engineering: Elaine P. M. Lai, age 39
Deputy Director Human Resources and Administration: Doreen P. H. Loh, age 35
Deputy Director Customer Service: Neo Tong, age 32
Auditors: Ernst & Young LLP
1997 Employees: 439 (Company Job Openings)
LOCATION & SUBSIDIARIES
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Headquarters: 89 Science Park Dr., #04/09-12, The Rutherford, Singapore Science Park, 118261 Singapore
Phone: +65-872-0322
Web Site: pacific.net.sg
Web sites for subsidiaries/divisions/affiliates:
Hong Kong Supernet
Pacific Internet has offices in Singapore, Hong Kong, and the Philippines.
PRODUCTS/OPERATIONS
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1997 Sales
% of total
Dial-up access 65
Leased line access 14
Value-added services 3
Other 18
Total 100
Products and Services:
Access Services
Basic dial-up
Business dial-up
Connectivity
CyberGuard
Family account
High-speed ADSL (asymmetric digital subscriber line)
Leased line
Network ISDN (integrated services digital network)
Personal ISDN
Premier access
Small office
Student dial-up
Internet Software
IE 4
Netscape 4
WinMass
Value-Added Services
E-mail paging
EmailSMS (allows reading of e-mail on handphone)
PersonaFax (receives faxes in e-mail)
Roaming (local Internet access worldwide)
WebFax (sends faxes in e-mail)
Web Solutions
Server co-location
System integration
Web advertising
Web design
Web hosting
Patents
COMPETITORS & INDUSTRY INFORMATION
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Hong Kong Star Internet
Hong Kong Telecom
IPhil Communications
Mosaic Communications
Philippine Long Distance
PSINet
Singapore Press
Singapore Technologies Engineering
Singapore Telecommunications
Sky Internet
Links go to Hoover's Company Profiles, or to Hoover's Company Capsules if no Profile is available.
Hoover's Snapshot: Internet/Online Industry
FINANCIALS
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Nasdaq: PCNTF
Fiscal year-end: December
1997 Revenue ($ mil.): 34.3
1-Yr. Revenue Growth: 67.1% 1997 Net Income ($ mil.): (6.8)
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