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Articles tagged with: Richard Li and Pccw
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: li-ka-shing, , vas, Hong Kong
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: 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: 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: 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: 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: 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
PCCW Sale Showcases Hong Kong's Changing Role
HONG KONG (Dow Jones) -- Business deals are often portraits of their times. more
Related Tags: 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: li-ka-shing, texas, china-netcom, netcom, cable-&-wireless, son
PCCW Shrugs Off Beijing Opposition To Asset Sale
HONG KONG (Dow Jones) -- Shares of Hong Kong telecom giant PCCW were suspended Thursday morning after briefly soaring amid media reports that a proposed sale of the company's core assets could result in a large dividend payment. more
Related Tags: li-ka-shing, texas, china-netcom, netcom, cable-&-wireless, son