Hong Kong-based PCCW said that it "must tackle 2009 with caution" after seeing trading conditions deteriorate in the fourth quarter of 2008.
Core revenues rose 7% in 2008 to 22 billion Hong Kong dollars (2.84 billion US dollars) on the back of a strong performance by its TV, content and mobile businesses. PCCW more than doubled its 3G mobile subscriber base to 414,000, while 2G subs rose 4% to 899,000 during 2008. source: PCCW statement
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