It is a direct result of the extremely difficult economic situation in Hong Kong and globally, and of intense competition within our industry arising since the implementation of the current regulatory framework.
More Quotes from Richard Li:
Our Internet Services strategy is designed to provide a value-added service for broadband, which is a key source of growth for the company.Richard Li
The Internet Services strategy supports our core business objective to maintain margins and group EBITDA earnings before interest, taxation, depreciation and amortization,
Richard Li
If (News Corp. is) not willing to continue, they have the ability to pull out. I'd like to discuss that with News Corp when appropriate. But there must be willingness on the other side, ... Businessmen do not make decisions based on feelings. There is no animosity on my side,
Richard Li
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