The Kwok family also owns interests in telecom SmarTone-Vodafone and city bus operator KMB.

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Europe: Orange, O2 Telefonica, MTS, Three UK, T-Mobile, and Vodafone Asia-Pacific: Chunghwa Telecom, Optus, Singapore Telecommunications Ltd (Singtel), Smartone, Telstra and Vodafone Australia.

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In addition to property, the conglomerate includes ports management, ground services for private jets, waste management and a 26% stake in mobile operator SmarTone.

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Hong Kong's SmarTone is running ads touting the more than 30 WAP games it began offering in August as part of its "Republic of Funland" website.

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Initially, Yahoo will provide content for SmarTone's Internet homepage.

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Online WAP games are designed "not only to meet growing demand among young people for WAP-based entertainment and games, but also to encourage more non-WAP customers to join the WAP world, " says Prudence Chan, SmarTone's chief operating officer.

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In the cellular arena the future is less promising: HKT has been losing market share to SmarTone and Hutchison -- the two other major players -- and is being squeezed by smaller, nimbler wireless outfits like Sunday as well.

CNN: ASIANOW - Asiaweek | Intelligence | Business: Pick up the Pieces