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Articles tagged with: Richard Li

Hong Kong tycoon drops $2 billion bid for PCCW

A Hong Kong tycoon abandoned his controversial $2 billion plan to take over the city's biggest telecom company Thursday after a court blocked the deal, handing regulators and minority shareholders a high-profile victory. more

Related Tags: pccw, li-ka-shing, vas, Hong Kong


Swedish firms eye opportunities for mobile solutions

Swedish mobile solutions firms see potential for selling M-banking, SMS related services and other mobile solutions in Chile due to the country's high mobile penetration, according to an executive with Swedish telecoms industry organization TelecomCity. more

Related Tags: m-banking, outsourcing


Li Ka-shing Funds, Telefonica To Buy PCCW Stake"

HONG KONG -(Dow Jones)- Spanish telecom giant Telefonica and two charitable foundations run by tycoon Li Ka-shing will join financier Francis Leung in the acquisition of a controlling 22.7% stake in Hong Kong-listed PCCW. more

Related Tags: pccw, li-ka-shing, china-netcom, netcom, son


China To Award 3G License In 1Q 2007

HONG KONG -(Dow Jones)- The Chinese Government will start awarding third-generation wireless licenses in the first quarter next year, following the completion of 3G trials ahead of the 2008 Beijing Olympics, China Netcom Chief Executive Zuo Xunsheng said Wednesday. more

Related Tags: pccw, china-telecom, td-scdma, china-netcom, netcom


Hong Kong Group Assumes Controlling Stake In PCCW

HONG KONG (Dow Jones) - The takeover battle for Hong Kong telecom company PCCW came to a close late Monday after Chairman Richard Li agreed to sell control of the company to a private investment group headed by a veteran Hong Kong banker, effectively ending the hopes of two overseas private equity groups seeking to acquire blue-chip telecom and internet assets on China's doorstep. more

Related Tags: pccw, citigroup, texas, china-netcom, netcom


New Group Bids For Chairman's Stake In PCCW

HONG KONG (Dow Jones) -- Shares of Hong Kong fixed-line telecom company PCCW and its cellular services unit Sunday Communications Ltd. were suspended from trading Monday, following reports a new group has stepped forward with an offer to buy chairman Richard Li's stake in the company.  more

Related Tags: pccw, china-netcom, netcom, cable-&-wireless


Hutchison's Li Ka-shing Reportedly Set To Bid For PCCW Assets

HONG KONG (Dow Jones) -- Li Ka-shing has put together a private bid for the core media and telecom assets of PCCW Ltd, the blue-chip fixed line and cellular services operator controlled by his son Richard Li, according to Hong Kong press reports Thursday.  more

Related Tags: pccw, li-ka-shing, texas, china-netcom, hutchison-telecom, netcom, son


PCCW's Li Says He Hopes To Have A Deal This Month

HONG KONG (Dow Jones) -- PCCW CEO Richard Li said Monday that he hopes that controversial negotiations to sell the Hong Kong company's telecom and media assets will reach a conclusion by the end of July, according to media reports.  more

Related Tags: pccw, texas, netcom


PCCW Sale Showcases Hong Kong's Changing Role

HONG KONG (Dow Jones) -- Business deals are often portraits of their times.  more

Related Tags: pccw, li-ka-shing, ibm, lenovo, texas, china-netcom, autonomy, netcom, cable-&-wireless, handover, flu


China Netcom Could Get Up to 50% Of PCCW Assets-Source

HONG KONG (Dow Jones)--US private equity firm Texas Pacific Group is trying to woo PCCW's reluctant Chinese shareholder on a proposed asset sale by saying it could have up to 50% of the deal, a person familiar with the situation said Saturday. more

Related Tags: pccw, li-ka-shing, texas, china-netcom, netcom, cable-&-wireless, son


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