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Hong Kong Television Surges on Mobile Services: Hong Kong Mover

2013-12-23 12:12:09| Wireless - Topix.net

Hong Kong Television Network Ltd. , the broadcaster that failed to get a new free-to-air license, was headed for a record gain after agreeing to buy spectrum from a unit of China Mobile Ltd. to offer mobile TV services.

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Australia's Telstra to sell Hong Kong mobiles business to HKT for $2bln

2013-12-20 01:54:09| Telecom - Topix.net

Australia's Telstra Corporation said on Friday it has signed an agreement to sell its 76.4 percent stake in Hong Kong-based mobiles business to HKT Ltd for $2 billion.

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Telstra sells Hong Kong business to HKT for USD 2.43 bln

2013-12-20 00:23:00| Telecompaper Headlines

(Telecompaper) Australian communications provider Telstra has signed an agreement to sell its Hong Kong based mobile business CSL to HKT for USD 2.43 billion. The sale, which is subject to regulatory approval in Hong Kong and HKT and PCCW security holder approval, would equate to proceeds of approximately AUD 2 billion for Telstra's 76.4 percent interest. The sale of CSL is expected to generate a profit on sale of approximately AUD 600 million for Telstra. HKT will also acquire the remaining 23.6 percent shareholding held by New World Development. Telstra said that despite this sale, Asia remains an important part of the company's strategy and that it intends to be in the region for the long term.

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Consumer Lifestyles in Hong Kong, China

2013-12-11 01:00:00| Apparel & textile industry market research - from just-style.com

In Hong Kong, the rise in income disparity has become a key concern to consumers. Indeed, the elderly in Hong Kong are among the poorest in the developed world. Regardless, Hong Kong continues to see

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Alibaba Investment Drives Haier to 14-Year High: Hong Kong Mover

2013-12-09 06:05:55| Trucking - Topix.net

Haier Electronics Group Co. surged to the highest in 14 years in Hong Kong trading after Alibaba Group Holding Ltd. agreed to invest HK$2.82 billion in the home-apliance maker and its logistics business.

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