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Technology Stocks : Global Crossing - GX (formerly GBLX) -- Ignore unavailable to you. Want to Upgrade?

To: TechMkt who wrote (3934)	1/12/2000 8:34:00 AM
From: quidditch	Read Replies (1) \| Respond to of 15615

Hutchison Whampoa has agreed that the fixed-line telecommunications activities it pursues in China will be carried out by the joint venture. This is good; I would like it better if Hutch committed also to run all satellite telco activities through the jv. Although not as wide a pipe as terrestrial fiber, there are vast areas in China not effectively served by fixed line access from pstn. As I have said before on this thread, Hutch is a very, very strategically well placed player, not only in China but in most of SE Asia. If the potential development of i-net and telco traffic in the region is half what is being projected, this will be a very good partner. Right now, internet activity, portals and use are exploding in China, and MII and MOF et al. are not trying to staunch it, for the time being. Steve PS Robert--other shoes yet to drop on VOD. Its announcement yesterday in part geared to address Mannesmann shareholders.