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To: Greater Fool who wrote (50888)	4/16/1999 3:34:00 PM
From: Glenn D. Rudolph	Respond to of 164684

HK Tel<0008.HK>to offer Internet enhanced service HONG KONG, April 16 (Reuters) - Hong Kong Telecommunications Ltd <0008.HK> said on Friday it would unveil a new Internet enhanced service in Hong Kong next Thursday. The company, which has been providing Internet service under the name of Netvigator for almost three years, said in a statement it would unveil "a new Netvigator enhanced service" at a news conference. It gave no further details about the service. Last month, the local telecommunications giant and Microsoft Corp <MSFT.O> announced a plan to cooperate to bring to the market a proposed "Zoom" service, which would offer on-demand movies, video conferencing, interactive games and other services delivered via computers and televisions. Hongkong Telecom shares have surged about 20 percent so far this month partly on speculation that the company would spin off its Internet business on the Nasdaq in the United States. The stock soared HK$1.45 or 8.5 percent to close at HK$18.55 on Friday.