HKT sale drawn to a halt

7 Sep 2004

Talks between PCCW and China Netcom over the sale of PCCW’s stake in Hong Kong Telecom (HKT) have come to a standstill after the two companies disagreed over price. Before they were postponed, the talks were rumored to be at an ‘advanced stage’, but neither company has commented on whether they will be resumed. The stake is estimated to be worth HKD50 billion (USD6.4 billion).

Hong Kong, PCCW Group, China Netcom,

Subscribe

Subscribe to CommsUpdate to get the day’s top telecom headlines delivered to your email.

Subscribe to CommsUpdate

Browse

Filter

Filter CommsUpdate by the following categories or use the search.

Search

Visit our help page information on performing advanced searches, including how to restrict the results by country or company.

Advertise

CommsUpdate is an outstanding advertising venue for companies seeking to reach:

  • International carriers
  • Wholesale service providers
  • Equipment and software vendors
  • Telecom investors
  • Regulators

Learn more about advertising on CommsUpdate.

Share