Li, China Netcom sweeten PCCW privatization offer Dec 31, 2008
Richard Li, chairman of PCCW Ltd. and the younger son of Hong Kong tycoon Li Ka-shing, and China Network Communications Group Corp. raised their privatization offer by 7 percent from HK$4 ... 50 per share, PCCW Ltd. said in a statement to the Hong Kong stock exchange late Tuesday. (Atlanta Journal-Constitution -- Business)
Li Buyout Group Proposes Raising PCCW Offer 7.1% Dec 30, 2008
HONG KONG -- Faced with a likely shareholder rejection of its $2 billion effort to take Hong Kong's PCCW Ltd. private, a buyout group led by Chairman Richard Li proposed raising its offer by 7. 1% to 4. (Wall Street Journal)
Asian Stocks Advance as Obama Wins U.S. Presidency; Toyota Motor, BHP Rise Nov 5, 2008
1 percent, led by Richard Li's PCCW Ltd., after the billionaire and China Network Communications Group Corp. bid $1. 9 billion to buy out other investors. (Bloomberg -- Asia)
PCCW to group media, telecoms into new firm May 30, 2008
Web search enhanced by. HONG KONG: PCCW Ltd, the Hong Kong fixed-line carrier controlled by billionaire Richard Li, plans to fold its media and telecoms businesses into a separate firm and sell 45% of the new company to investors, its latest effort to hive off core assets. (The Star Online, Malaysia -- Business)
HK adds 2 mainland companies May 11, 2008
BEIJING, May 11 -- Hong Kong's blue-chip Hang Seng Index has added two Chinese companies and removed two local ones, reflecting growing interest in mainland businesses. The index said late Friday it will remove billionaire Li Ka-shing's Cheung Kong Infrastructure Holdings Ltd and fixed-line operator PCCW Ltd from the list of stocks from which the index is calculated, starting from June 10. (Xinhuanet, China)
Pakistan Accidentally Blocks YouTube Worldwide Feb 27, 2008
Pakistan Telecom's mistake was that it then published that route to its international data carrier, PCCW Ltd. of Hong Kong, Underwood said. The second mistake was that PCCW accepted that route, Underwood said. (Fox News)
YouTube on the blink? Blame it on Pakistan Feb 27, 2008
YouTube on the blink. Blame it on Pakistan - web - Technology - smh. (Sydney Morning Herald -- Technology)
Pakistan's YouTube Attack Turned Global Feb 26, 2008
Pakistan Telecom's mistake was that it then published that route to its international data carrier, PCCW Ltd. of Hong Kong, Underwood said. To be honest, there's not a single thing preventing this from happening to E-Trade, or Bank of America, or the FBI, or the White House, or the Clinton campaign. (CBS News)
Pakistan accidentally blocks YouTube for most of world Attempt to bar site... Feb 26, 2008
Pakistan accidentally blocks YouTube for most of world / Attempt to bar site locally sparks major, hourslong outage. This is just the way the Internet works. (San Francisco Chronicle -- Technology)
Hong Kong Government to Study Li's Settlement in Dow Jones Case Feb 6, 2008
Li is a director of companies including PCCW Ltd., Hong Kong's largest phone carrier; SCMP Group Ltd., publisher of the South China Morning Post newspaper; and Hongkong & Shanghai Hotels Ltd., operator of the luxury Peninsula chain. He is chairman of the Chinese Banks Association Ltd.. (Bloomberg)
Dow Jones's Li Settles Insider-Trading Case, to Pay $8 Million, People Say Feb 2, 2008
Li is a director at Bank of East Asia, Hong Kong's third- biggest bank by assets, as well as other Hong Kong companies including PCCW Ltd., the city's largest phone carrier; SCMP Group Ltd., publisher of the South China Morning Post newspaper; and Hongkong & Shanghai Hotels Ltd., operator of the luxury Peninsula chain. He is chairman of the Chinese Banks Association Ltd.. (Bloomberg -- Asia)
Billionaire Family of Indonesian Musicians Bets Oil Growth on Libya Gusher Jan 30, 2008
The two-stage approach represented both a challenge and an opportunity for Suyama, an American-born banker of Japanese descent who had recently rejoined Merrill after helping Hong Kong's Richard Li take his telecommunications company, PCCW Ltd., public in Japan. No private-sector company in Indonesia had sold shares to the public since the start of the 1997 regional financial crisis. (Bloomberg)
Credit Suisse Hires Jack So, Former PCCW Chief, to Bolster China Business Dec 11, 2007
From 1995 to 2003, he ran Hong Kong's subway operator MTR Corp. before taking over PCCW Ltd., the territory's biggest phone company. He also sits on the boards of Cathay Pacific Airways Ltd. and American International Assurance, a unit of American International Group. (Bloomberg -- Asia)
* Richard Li acquires control of Hong Kong newspaper Aug 11, 2007
Taipei Times - archives. Enter your search terms. (Taipei Times, Taiwan -- Business)
Principal HKSAR Gov't Officials Appointed Jun 23, 2007
Aged 55, before assuming the post of Secretary for Financial Services and the Treasury in July 2002, Ma was Group Chief Financial Officer of PCCW Ltd. He was also an executive director of the Group. Ma has more than 20 years' experience in the global financial services industry. (Xinhuanet, China)
Jail Threat for Hong Kong Spammers May Not Stem the Flood of Junk E-Mails Jun 5, 2007
Spam accounts for more than 70 percent of all messages sent through company networks worldwide, clogging computer systems and inconveniencing users, said Suresh Ramasubramanian, anti-spam chief at Hong Kong-based Outblaze Ltd., which manages e-mail systems for customers including PCCW Ltd., Hong Kong's biggest phone company. Only technology can block unsolicited e-mails effectively, says David Sorkin, an associate professor at John Marshall Law School in Chicago. (Bloomberg -- Asia)
Hong Kong tycoon eyes BCE stake Jun 2, 2007
Chair of PCCW Ltd., a major Hong Kong communications business. Controls the Pacific Century Group, a private investment group whose investments include the fixed-line phone business Japan Telecom Co. in Japan, Pacific Century Regional Developments Ltd. in Singapore, PCCW Ltd. and Pacific Century Insurance Holdings Ltd. in Hong Kong ... Li, who has Canadian citizenship and is the son of Hong Kong billionaire Li Ka-shing, is also the chair of Hong Kong-based telecommunications firm PCCW Ltd.,... (Toronto Star)
Li officially joins BCE sweepstakes Jun 1, 2007
Cerberus is neatly finessing foreign ownership rules by courting the 41-year-old Hong Kong resident, who heads up phone company PCCW Ltd.. The federal Conservatives have kept extremely quiet on the whole issue of telecom buyouts. (Globe and Mail)
Li and Cerberus in talks over BCE Jun 1, 2007
Mr. Li said the Hong Kong telecom company he heads, PCCW Ltd., declined an opportunity to join the Cerberus bid. New York-based Cerberus gained access last week to confidential BCE data as part of the prelude to a potential $30-billion-plus offer for the company. (Globe and Mail -- Business)
PCCW Global Extends MPLS VPN Benefits Around the World May 24, 2007
WASHINGTON, May 23 /PRNewswire/ -- PCCW Limited's subsidiary PCCW Global Limited ("PCCW Global"), a leading MPLS VPN provider, today announced a partnership arrangement with Bharti Airtel, India's leading telecom services provider, to extend connectivity into India, thereby enhancing end-to-end global solutions ... For more information, visit About PCCW Limited PCCW Limited (SEHK: 0008) is the premier telecommunications provider in Hong Kong and a leader in Information and Communications... (PR Newswire)
BCE sought billionaire Li as possible bid partner May 24, 2007
Mr. Li failed last year to sell his controlling stake in struggling Hong Kong telecom giant PCCW Ltd., which has seen its stock value plunge dramatically in the wake of the dot-com collapse. Although Mr. Li is a Hong Kong resident, he obtained Canadian citizenship in the 1980s when he started his career in an investment banker with now defunct Toronto brokerage firm Gordon Capital. (Globe and Mail -- Business)
Hong Kong's PCCW seeks delisting from New York effective May 18 Apr 30, 2007
HONG KONG (XFN-ASIA) - PCCW Ltd said it is seeking to delist its American Depository Shares from the New York stock exchange starting May 18, citing as a reason the shares' limited trading volume on the US bourse. The company said in a statement it reached the decision after considering, among other things, the time and cost of maintaining a listing in the US and meeting regulatory compliance requirements. (Forbes -- Technology)
Babcock & Brown Trumps Larger Rival Macquarie Bank With Alinta Purchase Mar 31, 2007
Macquarie had an offer for the London Stock Exchange Plc spurned last year, and PCCW Ltd., Hong Kong's largest phone company, terminated talks with Macquarie over the sale of its phone and media assets in 2006. Misses like those haven't stopped Macquarie posting successive record annual profits since 1993. (Bloomberg -- Australia & New Zealand)
Telstra Chief Executive Trujillo Says Soufun Initial Offering Is an Option Mar 21, 2007
Telstra also jointly owns Hong Kong's undersea cable operator Reach Ltd. with PCCW Ltd.. Australia, where Melbourne-based Telstra generates more than 90 percent of its revenue, would continue to be the company's ``primary focus,'' Trujillo said. (Bloomberg -- Australia & New Zealand)
* Nation's share prices climb over TFT-LCD interest Mar 20, 2007
Taipei Times - archives. Nation's share prices climb over TFT-LCD interest. (Taipei Times, Taiwan -- World)
* HK tycoon's visit boosts property stocks Mar 20, 2007
Taipei Times - archives. HK tycoon's visit boosts property stocks. (Taipei Times, Taiwan -- World)
* Richard Li investigating real estate in Taichung Mar 18, 2007
Taipei Times - archives. Richard Li investigating real estate in Taichung. (Taipei Times, Taiwan -- World)
China Netcom (Group) plans to sell entire 50 pct stake in broadband jv with PCCW Feb 21, 2007
HONG KONG (XFN-ASIA) - China Netcom (Group) Co Ltd, parent of China Netcom Group Corp (Hong Kong) Ltd, said it wants to sell its entire 50 pct interest in China Netcom Broadband Corp, its joint venture with Hong Kong's PCCW Ltd.. It said in a statement posted on the China Equity Exchange Information Center website that it wants to sell its stake to a domestic investor for about 318 mln yuan. (Forbes -- Technology)
Arris to Buy Tandberg Television for $1.2 Billion (Update3) Jan 16, 2007
Oslo-based Tandberg, whose customers range from Germany's Deutsche Telekom AG to Hong Kong's PCCW Ltd., almost doubled its revenue in the four years through 2005. Tandberg's direct competitors include Harmonic Inc. and Tut Systems Inc.. (Bloomberg)
Asia back online after quakes Jan 2, 2007
Hong Kong's dominant fixed-line and broadband provider PCCW Ltd. said it would take days to recover lost capacity but did not provide further details. Shaky, but better. (CNN -- Tech)
* Completion of HK undersea cable repairs delayed Jan 1, 2007
Taipei Times - archives. Completion of HK undersea cable repairs delayed. (Taipei Times, Taiwan -- World)
Hong Kong Says Cable Repair Delayed by One Week Due to `Major' Ship Fault Jan 1, 2007
PCCW Ltd. has recorded a ``substantial improvement'' in Internet access, spokesman Hans Leung said yesterday. The company, Hong Kong's biggest telephone company, said Dec. 27 that it lost half its Internet capacity due to the broken cables. (Bloomberg)
