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Technology Stocks : PCW - Pacific Century CyberWorks Limited -- Ignore unavailable to you. Want to Upgrade?

To: ms.smartest.person who wrote (1412)	6/18/2001 12:54:04 AM
From: ms.smartest.person	Read Replies (1) \| Respond to of 2248

BRIEFING ASIA TELECOMMUNICATIONS JUNE 14 2001 2001-06-15 Terms and Conditions An executive briefing on the telecommunications industry for June 14, 2001, prepared by Asia Pulse (http://www.asiapulse.com), the real-time, asia-based wire with exclusive news, commercial intelligence and business opportunities. INDONESIA'S TELKOM DENIES IT PLANS TO ACQUIRE KOPITIME.COM JAKARTA - State-owned telecommunications company PT Telkom (JSX:TLKM) has denied rumours that it intends to buy Internet portal operator PT Kopitime.com. "There is no such deal," said Telkom official Setiawan Sulistiono. TELSTRA SHARES BOUNCE BACK AFTER TWO-DAY SLUMP BRISBANE - Shares in telco giant Telstra Corp Ltd (ASX:TLS) have bounced back slightly in early trade today but are still more than 12.5 per cent lower for the week. 6.5 billion (S3.44 billion) was slashed from the value of the company over the last two days with a 63 cents decline on Tuesday followed by a 39 cent drop yesterday. AUSTRALIAN PM SAYS TELSTRA SHARES STILL GOOD INVESTMENT CANBERRA - Telstra (ASX:TLS) shares were still a good investment despite the hammering they have taken this week, Prime Minister John Howard said today. Telstra shares lost another six per cent yesterday, which compounded a loss of almost 10 per cent the day before when it halved its previous profit growth forecasts. AUSTRALIA'S TELSTRA/HK'S PCCW BID FOR SINGAPORE'S MOBILEONE SYDNEY - Australia's largest telecommunications carrier Telstra Corp Ltd (ASX:TLS) and Hong Kong's Pacific Century CyberWorks Ltd (PCCW) have made a bid for Singapore's MobileOne (M1). "I can confirm we bid for MobileOne," PCCW deputy chairman Alex Arena told a technology conference in Sydney Wednesday. AUSTRALIA'S TELSTRA/EMC TEAM UP FOR DATA STORAGE BUSINESS SYDNEY - Telstra Corp (ASX:TLS) and EMC have combined their skills to tap into the rapidly growing Australian information storage business, the companies said. 731 S387.06 million) for calendar year 2000. INDIAN GOVT TO FINALISE REPORT ON CONVERGENCE BILL DRAFT ON JULY 11 MUMBAI - The Group on Telecom and Information Technology (GOT-IT) will meet on July 11 to finalise the report on the Convergence Bill to be introduced in the monsoon session of Parliament, said Union Minister for Information Technology Pramod Mahajan. "The report will then go to the standing committee and we are expecting the bill to be passed by the next budget session", Mahajan said in his address after releasing the Confederation of Indian Industry report on 'E-commerce in India: How to make it happen?' KOREA'S PICCA TO CHOOSE PARTNER FOR IMT-2000 SERVICE BIDDING FRIDAY SEOUL - The Promising Information and Communication Companies Association (PICCA) will choose between the consortium led by LG Telecom and Hanaro Telecom, bidding for the single ticket for the synchronous mode International Mobile Telecommunication (IMT)-2000 service, in a board meeting slated for Friday, PICCA sources said Wednesday. The PICCA board members will also review the latest proposals forwarded by the LG Telecom consortium that outlines providing greater participation of qualified small-and medium-size companies in the mobile telecommunication field. KOREA'S PICCA TO DECIDE SUCCESSFUL BIDDER FOR IMT-2000 SERVICE SEOUL - The Promising Information and Communication Companies Association (PICCA) said Wednesday that the successful firm to be granted the country's synchronous mode International Mobile Telecommunication-2000 (IMT) license will be made within the week. PICCA sources said that association officials are expected to choose between the consortium led by LG Telecom and Hanaro Telecom, during a meeting of board members scheduled for Friday. Members will also review the latest proposals forwarded by the LG Telecom consortium that outlines providing greater participation of qualified small-and medium-size companies in the mobile telecommunication field. NORTEL TO EXPAND GSM CAPACITY IN CHINA'S CHONGQING CHONGQING - The world's leading IT company, Nortel Networks, signed a contract on June 12 to increase its investment by US$30 million, expanding the GSM network capacity of Chongqing Unicom. The expanded network will go into operation in August when subscribers to the Chongqing Branch of China Unicom, a key rival of China Telcom, will grow by 400,000, a company source said. TELSTRA, NOKIA PROFIT WARNINGS THREATEN AUSTRALIA'S TELCO SECTOR SYDNEY - Profit warnings from Australia's Telstra Corp Ltd (ASX:TLS) and by international giant Nokia have are threatening the future of the telecommunications sector. As Telstra shares continued to slide on the Australian Stock Exchange today, investors were still assessing the global impact of an overnight profit warning from mobile giant Nokia. HK'S SUN TEL CYBER REPORTS MEDIA TURNOVER OF US$7.3 MLN IN 2000 HONG KONG - Hong Kong's Sun Tel Cyber experienced positive turnover growth from its new media-related business, during the financial year ended March 31 2001. Contributions from the media-related business, which began operations in August 2000 with the launch of the company's first thematic cable channel, played a key role in driving revenue growth during the year. HONG KONG'S NEW WORLD CYBERBASE TO SELL DATA CENTRE TO NWT HONG KONG - New World Cyberbase Ltd's wholly-owned subsidiary, New World CyberBase Solutions (NWCB), has agreed to sell its data centre assets to New World Telephone Ltd (NWT) for a cash sum of HK$7,962,272 (US$1.02 million). New World Cyberbase is principally engaged in the provision of e-business solutions and products, including application solutions, network solutions, information technology services and software products for the Greater China region by employing the advanced technology and through partnerships with industry players. (C) Asia Pulse Pte Ltd. CONTACT: Asia Pulse Production Centre Phone: (612) 9322 8634 Fax: (612) 9322 8639 asiapulse.com ASIA PULSE Terms and Conditions Copyright© 2000 LEXIS-NEXIS, a division of Reed Elsevier Inc. All rights Reserved. quamnet.com