Hong Kong's Pacific Century CyberWorks and Australia's Telstra announced an alliance.

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I'm all for big ambition, and for his sake and the myriad Pacific Century CyberWorks' shareholders who have staked their fortunes with him, I hope it takes off.

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Although Singapore Telecom and a partnership between Australia's Telstra and Pacific Century CyberWorks of Hong Kong have multi-country aspirations in Asia, they don't have the borrowing power of Western counterparts.

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