Wall Street Journal | April 27, 2011 | Polly Hui, Kate O’Keefe, Fiona Law
HONG KONG—Hong Kong’s dominant fixed-line operator, PCCW Ltd., said Wednesday the Hong Kong bourse rejected its plan to carve out its telecommunications business in the form of a listed business trust, the latest blow to tycoon Richard Li’s attempts to cash out of a deeply indebted investment that is battling fierce competition.
……
Read full article here via Wall Street Journal
