C&W offloads Macau assets

Hong Kong operator CITIC Telecom is to take control of Macau operation Companhia de Telecomunicações de Macau (CTM) after agreeing to purchase the 51 per cent stake owned by Cable & Wireless Communications for a total consideration of $749.7m.

iPhone coming to Hong Kong

In a terse announcement on Thursday, Hutchison-Whampoa-owned mobile operator 3, said it would be bringing the Apple iPhone to Hong Kong and Macau later this year. There is still some confusion over whether the iconic device will make an appearance on the Chinese mainland however, after leading wireless operator China Mobile called off discussions with […]