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Europe Daily Bulletin No. 7738

16 June 2000
Contents Publication in full By article 36 / 42
ECONOMIC INTERPENETRATION / (eu) telecommunications

The shareholders of British operator CABLE & WIRELESS have approved the transfer of control of its Hong Kong subsidiary HKT to PCCW - PACIFIC CENTURY CYBERWORKS. The latter has undertaken to pay in cash and in shares a total of $38 billion to control most of HKT capital.

Contents

THE DAY IN POLITICS
GENERAL NEWS
ECONOMIC INTERPENETRATION