Li Family’s PCCW, Hutchison to Unveil Co-Network Plan
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PCCW Ltd., Hong Kong’s biggest phone company, plans to roll out a faster wireless network that’s jointly built with a unit controlled by the chairman’s father, Li Ka-shing, to meet demand from smartphone users.
Details about the proposed fourth-generation network built by Richard Li’s PCCW and rival Hutchison Telecommunications Hong Kong Holdings Ltd. will be announced in the “next few weeks,” PCCW Managing Director Alex Arena said in an interview in Hong Kong yesterday, declining to elaborate.