Goldman on telecom highwire; M&A leader's winning streak looks vulnerable amid tussle for HKT. (Goldman Sachs and Co., Cable and Wireless HKT Ltd.)

Article Abstract:

Investment bankers Goldman Sachs and Co., face tough competition advising Singapore Telecommunications Ltd., about merger with Hong Kong's Cable and Wireless HKT Ltd., a subsidiary of United Kingdom's Cable and Wireless PLC.

United States, Securities Dealers, Investment Banking and Securities Dealing, General services, Management, Contracts, Securities industry, Goldman Sachs and Co.

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Volatility may unsettle Cyber Works - HKT merger plan: if stocks of Richard Li's concern continues to fall, value of takeover bid would plunge too

Article Abstract:

Analysts speculate that a recent 11% drop in the share price of Pacific Century CyberWorks may impact its planned merger with Cable & Wireless subsidiary HKT, whose stock dropped over 6% at the same time.

Telegraph & other communications, Telephone Communication, Internet service providers, Column, Pacific Century CyberWorks, Cable and Wireless (Hong Kong) Ltd.

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Telecom merger fuels Hong Kong concern

Article Abstract:

The article discusses the telecom merger between Singapore Telecommunications Ltd. and Cable & Wireless HKT Ltd. and how some are viewing the deal with suspicion, regarding it as a forced alliance that undercuts Hong Kong's economic control and puts the telecommunications industry at the mercy of a competitor government.

Market information - general, COMMUNICATION, Telephone communications, exc. radio, Financial analysis

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