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

To: ms.smartest.person who wrote (2037)	11/6/2001 10:06:56 PM
From: ms.smartest.person	Respond to of 2248

0008 PACIFIC CENTURY CYBERWORKS LTD Infocast Profile Chairman Mr. Li Tzar Kai, Richard Activities The Group is principally engaged in the provision of international, local and mobile telecommunications services, Internet and interactive multimedia services, the sale and rental of telecommunications equipment, and the provision of computer, engineering and other technical services, mainly in the HKSAR; investment in and development of technology-related businesses; and investment in and technology related businesses; and investment in and devilment of infrastructure and properties in Hong Kong and elsewhere in the PRC. Prospects PCCW is positioning to benefit from the rapid growth in demand across the Asia region for new Internet and communications services. the business models and technologies for these services are still developing and have been subject to fundamental change in the past year. However, the Group created a solid platform for the development of PCCW¡¦s businesses, with a flatter organizational structure, focused business units and management incentives based on performance. The Group had significantly reduced debt, secured long term financing, and the expansion plans have progressed through completing the joint ventures with Telstra. In April 2001, the Group agreed on steps to resolve the issue of Cable & Wireless remaining 14.7 percent shareholding. The priorities for 2001 are to deliver stable, improving results form the core telecommunications businesses, strengthen the balance sheet and reduce debt, and build growth businesses and develop regional opportunities, especially in Greater China. infocastfn.com A lot left to do in 2001!