pccw

UK sees surprise 4G bidders

Seven firms have qualified to bid in the UK’s 4G spectrum auction, including three new entrants. Joining EE, 3UK, O2 and Vodafone are HKT – a subsidiary of PCCW; MLL Telecom; and Niche Spectrum Ventures – a subsidiary of BT.

Swindon’s offices to gain LTE boost courtesy of UK Broadband

The borough of Swindon is to become the first area in the UK to be covered by a live commercial LTE network courtesy of the 4G network wholesaler UK Broadband. The service will be aimed predominantly at public sector and businesses via a fixed-wireless services, but local residents will be able to take advantage of the network through retail partnerships via Mifi type devices, which it said would be available from September.

PCCW looking to build UK’s first LTE network

The UK’s incumbent mobile networks could be beaten to the LTE punch by Hong Kong based telecoms company PCCW, according to a report in the Financial Times. The operator is looking to build out an LTE network as early as 2012, the report states, via its British subsidiary UK Broadband.

WiMAX player exits UK

UK-based communications firm and WiMAX operator the Daisy Group on Thursday offloaded its loss making WiMAX assets in the country for just £12.5m.

PCCW buyout bid scuppered

Investment tycoon Richard Li has given up the ghost on his attempts to stage a $2bn buyout of PCCW, which may or may not mean the end to the ongoing saga involving the leading Hong Kong operator.

PCCW soap opera finally over?

The ongoing saga involving leading Hong Kong operator PCCW, looks to be finally drawing to a close, as the company prepares to go private. It is understood that minority shareholders on Wednesday, finally voted in approval of a $2bn buy out offer from Pacific Century Regional Developments by a partnership of 20 per cent PCCW […]

Li offers to take PCCW private

The ongoing saga involving leading Hong Kong operator PCCW took a new turn on Tuesday as tycoon Richard Li offered to privatise the company under a $1.9bn deal. In partnership with 20 per cent PCCW stakeholder China Netcom and Li’s other investment vehicle, Pacific Century Regional Developments (PCRD), Li is proposing to buy out minority […]

PCCW wins Oman fixed line licence

A consortium including Hong Kong operator PCCW and a local investor has won a fixed line licence for Oman, the country’s communications regulator said over the weekend. The Oman Telecommunications Regulatory Authority announced the award to Awaser Oman Consortium, which achieved the highest marks in the technical and commercial evaluation as well as the financial […]

PCCW abandons disposal plan

Hong Kong’s leading operator PCCW said this week that it has abandoned plans to offload a 45 per cent stake in its newly founded quad play unit, HKT Group, as a result of the economic crisis. The Hong Kong firm said it had received “substantial interest and formal proposals from several bidders” for the acquisition […]

Li proposes new sale plan for Hong Kong’s PCCW

Hong Kong’s leading operator, PCCW, has announced plans to consolidate its quad play offerings into a new company called HKT Group and offload 45 per cent of the operation. The move marks tycoon Richard Li’s latest attempt to sell off the company’s assets after a 2006 effort was foiled by shareholders including 20 per cent […]

UK now up for sale?

UK wireless broadband provider UK Broadband, which operates under the brand ‘now’, is believed to be up for sale, after failing to compete effectively against its fixed line rivals. The service, based on UMTS-TDD also known as TD-CDMA, launched in London in 2005 under the name Netvigator but changed its name to ‘now’ to be […]

PCCW has a go with MediaFLO

Hong Kong telco PCCW said Monday it is testing Qualcomm’s MediaFLO broadcast mobile TV system. The operator’s HKT (Hong Kong Telecom) division is something of a specialist in IPTV, having launched IPTV services in September 2003 and built up a portfolio of 130 channels. The MediaFLO trials are intended to run until November and will […]

PCCW deal exposes family r

The sale of a controlling stake in Hong Kong operator PCCW has exposed something of a family feud, according to press reports on Thursday. Richard Li, the chairman of PCCW, is said to be unhappy following the revelation that his father and tycoon Li Ka-shing is backing the consortium set to buy the 22.7 per […]

Hong Kong trials DVB-H

Hong Kong operator PCCW has expanded its existing mobile TV offering to trial Motorola’s DVB-H system for six months. The trial will run from September to March 2007 within Hong Kong’s Quarry Bay district and will include Motorola DVB-H enabled mobile devices, network solutions and interactive services platform. Back in May, PCCW began broadcasting real-time […]

PCCW is sold

A Hong Kong-based investor has agreed a HK$9.2bn ($1.2bn) deal to buy Richard Li’s controlling interest in PCCW, the leading domestic telco in the region. Mr Leung announced the deal last night, ending speculation about the sale of PCCW which has been the subject of a bidding war between TPG Newbridge and Macquarie Bank. The […]

Investors circle PCCW, reports

A Hong Kong investor is looking to purchase phone operator PCCW, according to reports in The South China Morning Post. The investor is expected to announce a $1.35bn offer for the controlling stake in PCCW sometime today. According to other reports, the firm’s board met Monday on the potential sale. Details were not available. The […]

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