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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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Alstom secures metro infrastructure systems contract in Hong Kong

2013-12-20 01:00:00| Railway Technology

French transport group Alstom has secured a 41m contract from Hong Kong metro network operator MTR Corporation to build, install, test and commission a 22km-long track.

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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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Global Payments and 1O1O Launch New Mobile Point-of-Sale (mPOS) Solution in Hong Kong

2013-12-11 06:00:00| Industrial Newsroom - All News for Today

Powering merchants to accept card payments on smartphones and tablets<br /> <br /> HONG KONG - Global Payments Asia-Pacific Limited (Global Payments), a leading regional card payment processor in Asia, and 1O1O, premium brand of CSL Limited and a leading mobile operator in Hong Kong, today announced the launch of an innovative mobile payment solution that turns a smartphone or tablet into a mobile point-of-sale (mPOS) terminal. 1O1O is the first mobile operator in Hong Kong to partner with ...This story is related to the following:Electronic Commerce Software |

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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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