Race to the wireless: firms compete for telecom licenses

Article Abstract:

Hong Kong government open bids for telecommunications licenses for companies to provide wireless, television, data communications, regular telephone and Internet services. Fourteen companies are bidding for licenses and analysts handicap seven of the companies seen as front runners.

Land Subdivision and Land Development, Regulation and Administration of Communications, Electric, Gas, and Other Utilities, Government regulation, Contracts & orders received, Subdividers & Developers, Telecommunications Regulation, Broadcasting-Licenses, Real estate developers, Telecommunications regulations, Licensing agreements, Broadcasting regulations, SmarTone Mobile Communications, City Telecom Hong Kong Ltd., HKNet-Teligent, Sun Hung Kai and Co., Sino Land Company Ltd., Hong Kong Land Company Ltd., Henderson Land Development Company Ltd.

---

CyberWorks completes deal

Article Abstract:

Pacific Century CyberWorks Ltd. has acquired Cable and Wireless HKT Ltd. in deal worth $38 billion. The merger is the largest ever in the history of Asia.

Asset sales & divestitures, Acquisitions & mergers, On-Line Information Services, Videotex & Teletext, Telegraph & other communications, COMMUNICATION, Mergers, acquisitions and divestments, Online services, Internet services, Cable and Wireless HKT Ltd., Pacific Century CyberWorks Ltd.

---

Property firms shift focus: companies move into high-technology industry

Article Abstract:

Share prices of real estate companies such as China Prosperity have been resilient in the Hong Kong stock market despite the absence of fundamental strengths in these companies. Analysts and investors attribute this resiliency to a growing trend towards the conversion of property companies into high technology firms. Other property firms that have also already ventured into the technology arena include Pearl Oriental Holdings, Dong-Jun Holdings and New World Development.

Computer Software, Software Publishers, Electronic Computer Manufacturing, Market information - general, Computers & Auxiliary Equip, Real Estate, Real Estate and Rental and Leasing, High technology industry, Software, Real estate industry, Securities

Similar abstracts:

• Abstracts: Five Asian stocks for 2000; big companies with exposure to technology top our pickers' list. Year of the Asian IPO
• Abstracts: Chase deal is finance model; Mando buyout marks shift to capital channels. (Chase Manhattan Bank and UBS Capital acquire Mando Machinery Corp.)

This website is not affiliated with document authors or copyright owners. This page is provided for informational purposes only. Unintentional errors are possible.