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  • April 17, 2014
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  1. Business - Companies - EARNINGS

    HKT eyes smooth takeover of CSL New World Mobility

    Posted Feb 27th 2014, 01:34am by BIEN PEREZ

    ... Bien Perez bien.perez@scmp.com HKT confident of smooth merger with CSL New World Mobility, making it the city's biggest wireless network services provider HKT's net soars 53 pc ahead of CSL deal HKT Trust and operating arm HKT, which posted strong gains in revenue and net profit last year, expects a successful integration of CSL New World Mobility after the US$2.43 ...

    http://www.scmp.com/business/companies/article/1435961/hkt-eyes-smooth-takeover-csl-new-world-mobility
  2. Business - Companies - TELECOMMUNICATIONS

    SmarTone slams rival HKT's 'fishing exercise' over its iPhone deal

    Posted Mar 06th 2014, 01:20am by BIEN PEREZ

    ... rival HKT's 'fishing exercise' SmarTone Telecommunications has stepped up the rhetoric against rival mobile network operator HKT's legal manoeuvre to examine its confidential iPhone distribution agreement with Apple. Douglas Li, the chief executive of SmarTone, yesterday said that the action was unfair and "a kind of fishing exercise" by HKT ...

    http://www.scmp.com/business/companies/article/1441421/smartone-slams-rival-hkts-fishing-exercise-over-its-iphone-deal
  3. News - Hong Kong - COURTS

    SmarTone loses court case to stop HKT from viewing iPhone contract

    Posted Mar 05th 2014, 04:04am by Austin Chiu

    ... Austin Chiu austin.chiu@scmp.com SmarTone fails to stop HKT from viewing contract SmarTone Mobile Communications has lost its bid to stop the senior management of rival Hong Kong ... management members of HKT to read the contract. Mr Justice Peter Ng Kar-fai said SmarTone had not put forward "reasonably arguable" grounds for challenging the decisions ...

    http://www.scmp.com/news/hong-kong/article/1440433/smartone-loses-court-case-stop-hkt-viewing-iphone-contract
  4. Business - Companies - TELECOMMUNICATIONS

    PCCW's legal challenge may be tactic to help CSL acquisition, say industry sources

    Posted Feb 17th 2014, 04:47am by BIEN PEREZ

    ... to aid the company's HKT subsidiary in hastening regulatory approval for its planned HK$18.8 billion acquisition of CSL New World Mobility. That appeared to be the hidden agenda behind ... Chi-keung said the suit was "necessary to protect the interests of HKT and its unit holders and customers". The spokesman said the company would not comment further. "The other ...

    http://www.scmp.com/business/companies/article/1429204/pccws-legal-challenge-may-be-tactic-help-csl-acquisition-say
  5. Business - Companies - ANALYSIS

    Regulator must impose conditions on HKT-CSL New World merger

    Posted Feb 25th 2014, 01:24am by BIEN PEREZ

    ... in the market. The exact opposite has so far been the result as consolidation looms for the city's HK$63 billion telecommunications industry. HKT, the telecommunications arm of Richard Li ... in Hong Kong will not only be reduced to five from six, but the larger HKT operation would also have disproportionately more mobile spectrum- the radio frequency bands over which wireless network ...

    http://www.scmp.com/business/companies/article/1434457/regulator-must-impose-conditions-hkt-csl-new-world-merger
  6. Business - Companies - TAKEOVERS

    Stringent conditions eyed for HKT takeover of CSL New World

    Posted Feb 06th 2014, 04:24am by BIEN PEREZ

    ... Bien Perez bien.perez@scmp.com Hurdles await HKT inCSL New World deal Richard Li Tzar-kai's return to the top of Hong Kong's telecommunications industry faces tall hurdles, after market players suggested the government impose certain conditions before the tycoon's PCCW-controlled HKT completes its US$2.43 billion takeover of rival CSL New World Mobility. ...

    http://www.scmp.com/business/companies/article/1421657/stringent-conditions-eyed-hkt-takeover-csl-new-world
  7. Business - Companies

    HKT's acquisition of CSL makes Richard Li telecoms kingpin again

    Posted Dec 20th 2013, 11:03am by BIEN PEREZ

    ... in HK$19b buy-back Richard Li Tzar-kai is back on top of Hong Kong's telecommunications industry after the tycoon's PCCW-controlled HKT agreed yesterday to acquire CSL New World Mobility, a subsidiary of Australian network operator Telstra, for HK$18.8 billion. CSL runs the premium 1010 and mainstream One2Free brands. It is a strategic move that allows HKT to build up its resources ...

    http://www.scmp.com/business/companies/article/1386552/hkt-acquire-csl-new-world-mobility-us2425-billion-deal
  8. Business - Companies - TELECOMMUNICATIONS

    PCCW shareholders approve CSL deal as firm considers ending 3G challenge

    Posted Mar 01st 2014, 01:15am by BIEN PEREZ

    ... to the government's 3G spectrum reassignment plan would "increase its bargaining chips" for regulatory approval of subsidiary HKT's US$2.43 billion acquisition of CSL New World Mobility. ... against the 3G spectrum plan and HKT's application with the Communications Authority to approve the CSL deal were two independent actions, he said. "The judicial review aims to deal ...

    http://www.scmp.com/business/companies/article/1437547/pccw-shareholders-approve-csl-deal-firm-considers-ending-3g
  9. Business - Companies - TELECOMMUNICATIONS

    HKT sees more debate ahead for government's 3G spectrum plan

    Posted Aug 06th 2013, 12:00am by BIEN PEREZ

    ... Bien Perez bien.perez@scmp.com Government move on allocations will affect consumers, says head of telecoms operator HKT expects spectrum plan to fuel debate HKT Trust and operating arm HKT, which posted strong first-half earnings yesterday, are hoping the government's plan to seize and reassign chunks of 3G spectrum currently in use would stir more debate among ...

    http://www.scmp.com/business/companies/article/1294544/hkt-sees-more-debate-ahead-governments-3g-spectrum-plan
  10. Business - Companies - TELECOMMUNICATIONS

    Hong Kong telecoms giant mulls response to government's spectrum shake-up

    Posted Nov 28th 2013, 04:17am by BIEN PEREZ

    ... Bien Perez bien.perez@scmp.com HKT chief Alex Arena expects industry players to review hundreds of pages of documents after government moves to reshuffle bandwidth 3G operators mull response over spectrum HKT, operator of the largest fixed-line telecommunications network in Hong Kong, expects the industry to draw up a thorough response to the government following its decision ...

    http://www.scmp.com/business/companies/article/1367331/hong-kong-telecoms-giant-mulls-response-governments-spectrum

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