PCCW looks to acquire Sunday

Regulators examine potential insider trading following announcement that PCCW wants to acquire Sunday Communications.
June 13, 2005

It emerged yesterday (June 13) that Hong Kong's leading fixed line telco PCCW is seeking to acquire smaller mobile operator Sunday Communications in a deal that will see PCCW re-enter the mobile market it left in 2002. It is understood PCCW intends to pay $200 - $250 million in cash for the company.

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