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Two Foundations, Telefonica to buy stake in PCCW

Article Abstract:

Telefonica S.A. of Spain and two charitable funds owned by businessman Li Ka-shing are to buy a 23 percent stake in PCCW Ltd. of Hong Kong a telecommunications service provider. Telefonica S.A. is to purchase an eight percent stake and the charitable foundations are to purchase a 12 percent stake.

Author: Kong, Ernest
Publisher: Dow Jones Publishing Co. (Europe)
Publication Name: Wall Street Journal. Europe
Subject: Business, international
ISSN: 0921-9986
Year: 2006
Financial management, Telephone Communication, Company investment, Investments, Telefonica S.A., Spain, Company financing, Li Ka-shing, TEF

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First-half profit is damped by loss at undersea venture

Article Abstract:

PCCW Ltd. posted a HK$703 million (82.8 million euros) net profit for the 2003 first half. However, the company was affected by a loss at its undersea cable business.

Publisher: Dow Jones Publishing Co. (Europe)
Publication Name: Wall Street Journal. Europe
Subject: Business, international
ISSN: 0921-9986
Year: 2003
Sales, profits & dividends, COMMUNICATION, Company sales and earnings, Pacific Century CyberWorks Ltd., Company earnings/profit

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Subjects list: Finance, Telecommunications services industry, Telecommunications industry, Communications industry, Hong Kong
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