Sheila Lam

Hutchison Global Communications Ltd. (HGC) on Thursday announced it has formed a Mainland-Hong Kong network with China Netcom International Corp. (CNCI), allowing HGC to expand its network capacity to 22.5Gbps, the largest cross-border bandwidth among all fixed telecom network services (FTNS) operators in Hong Kong, stated the company.

System integration and service provider Vanda Systems & Communication Ltd. on Friday announced its acquisition of Hutchison Whampoa Global Communication Ltd. (HGC) and PowerCom Network Hong Kong Ltd., for a total of HK$7.49 billion (US$964 million), from its parent companies Hutchison Whampoa Ltd. (HWL) and Cheung Kong Holdings (CKH).

Intel China Ltd. announced yesterday it has signed a memorandum of understanding with the China's Ministry of Education (MOE) to build a national computing grid that connects 100 China's leading universities.