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


To: miklosh who wrote (4071)1/21/2000 7:59:00 AM
From: CF Rebel  Read Replies (2) | Respond to of 15615
 
Rupert posted this link over on the Q thread. It applies to GBLX as well in pointing out the link between hosting revenue and subsequent network revenue. It also addresses the importance of reliability in keeping customers.

internetwk.com

CF Rebel



To: miklosh who wrote (4071)1/22/2000 12:23:00 PM
From: Ellen  Respond to of 15615
 
totaltele.com

mention of GBLX partner Hutchison -

[registration is free]

Hong Kong Awards Host of Telecoms Licenses

By a staff reporter

18 January 2000

The Hong Kong Telecommunications Authority today announced the winners of five fixed wireless licenses and twelve licenses for long-distance services via satellite.

The five winners of fixed wireless licenses will be able to provide local fixed services using wireless networks.

The new license holders are PSINet Hong Kong Ltd., a subsidiary of U.S.-based Internet carrier PSINet Inc.; HKNet-Teligent Company Ltd.; Hong Kong Broadband Network Ltd.; Eastar Technology Ltd.; and SmarTone Mobile Communications Ltd.

The Information Technology and Broadcasting Bureau said that the five winners had pledged a total investment of HK$2.8 billion ($360 million) over the next three years.

The Telecommunications Authority invited applications in May last year. It said it received 14 proposals, but decided that the amount of bandwidth available limited it to only 5 companies.

The satellite licenses were allocated to all companies who met the required criteria. There were 20 applicants for the licenses, which allow the holders to offer services via satellite internationally.

The twelve winners are: Hutchison Telecommunications Technology Investment Ltd.; NTT Com Asia; Pacific Century Matrix (HK) Ltd.; PSINet Hong Kong LTD.; Teleglobe Hong Kong Ltd.; China Digital satNet Ltd.; Asia Satellite Telecommunications Co. Ltd.; CTI International Ltd.; Million Point Technology Ltd.; Far East Gateway Ltd.; Galaxy Satellite Broadcasting Ltd.; and SmarTone mobile Communications Ltd.

The Telecommunications Authority also granted a license to Hong Kong Cable TV allowing it to provide fixed services over its hybrid fiber coaxial cable (HFC) networks. The company accepted the terms of the license yesterday.

The country's telecoms market was officially opened up to companies using their own cables and satellite facilities on 1 January. Previously, Cable & Wireless HKT Ltd., which is 54% owned by the U.K.'s Cable & Wireless Plc., had a monopoly on the gateway in and out of Hong Kong. Competition for national voice calls began on 1 January 1999.