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Home > Company Index > Telecommunications > Diversified Telecom Service Providers > Pacific Century CyberWorks Limited

Pacific Century CyberWorks Limited
NYSE: PCW
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 NEWS FROM THE STANDARD
PCCW Primed for HK Cyberport Win
Aug 06 2001 12:51 PM PDT

CA Sues to Stop Takeover Bid
Jun 29 2001 02:05 PM PDT

CA Refutes Proxy Bid Attempt
Jun 27 2001 09:28 AM PDT

Battle for Control of Computer Associates Escalates
Jun 26 2001 04:08 PM PDT

Computer Associates Expands Board to 10 Members
Jun 26 2001 10:52 AM PDT

 PROFILE
Fast-rising Pacific Century CyberWorks (PCCW) has expanded dramatically by buying Hong Kong's dominant phone company, the former Cable & Wireless HKT. PCCW operates 3.7 million phone lines and serves more than 625,000 Internet access subscribers. It operates Web hosting centers and owns a Hong Kong fiber-optic network. PCCW's 40%-owned mobile phone joint venture with Australia's Telstra serves more than 1 million customers in Hong Kong and elsewhere in the Asia/Pacific region. Telstra and PCCW also are cooperating on an international Internet Protocol network. PCCW is scaling back its investments in Internet content-related businesses. Richard Li, son of Hong Kong tycoon Li Ka-shing, owns about 38% of PCCW.

 COMPETITION
City Telecom (H.K.) Ltd. (CTEL)
Hutchison Whampoa Limited (HUWHY)
i-CABLE Communications Limited (ICAB)

 DEALS
Deal: PCCW Japan to Buy VR-1 Entertainment
Date Announced: 02.23.01
Value of transaction (US $Mil): 38
Description: Japanese online gaming development company to acquire Circadence's online game making division for $38 million in private placement funds.

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 TRACKERS
Jul. 04, 2001 - LAYOFF TRACKER
340 laid off
Description: Reducing positions in its Internet services division.

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 STOCK ANALYSIS
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FURTHER ANALYSIS
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• Deals

 FINANCIAL OVERVIEW
Fiscal Year-End: December
2000 Sales (mil.): 935.00
1-Yr. Sales Growth: 4,670.4%
Employees: 15,000
Revenue per employee: $62,333.33

 KEY PEOPLE
• Richard Li Tzar Kai
    CEO
• David Norman Prince
    CFO

 CONTACT INFO
38th Fl., Citibank Tower,
070, Hong Kong
Phone: 852-2514-8888
Fax: 852-2524-4375
Online: Web Site

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