A former executive at Wharf Cable Television's on-line access service iCable has set up a holding company for Internet projects. Daniel Ng, the former director of Cable Multimedia Services and former chief of Hong Kong Star Internet who spearheaded the establishment of iCable, set up DotCom Pacific last month with two former colleagues. Billy Tam and David Teng were both executives at Cable Multimedia Services and Hong Kong Star Internet. The group owns close to 70 per cent of DotCom Pacific. The remainder is held by a private investor. DotCom Pacific, which has about 30 staff, is a minority shareholder of an Internet data centre and out-sourcing facility joint venture with an unnamed company. It also owns AdMomentum, which provides Internet advertising solutions for advertisers and Web publishers. 'Our aim is not only to act as a consultant for companies which would like to 'dot.com' their business,' Mr Ng said. 'Ideally, we want to form joint ventures with them.' Mr Tam said DotCom Pacific would move into a new office at The Centre in Sheung Wan, half of which would be used for the data centre. Although rent there was more expensive than most other industrial-office buildings, Mr Ng said the building had the unique advantage of fibre-optics linkage to three local telecommunications companies. 'For mission-critical Web-based businesses, the risk of relying on only one fibre-optic connection is too high,' he said.
