The post-merger situation for Pacific Century CyberWorks (PCCW) and Hong Kong Telecom is detailed in this case. The stock prices of Pacific Century CyberWorks (PCCW) have fallen drastically in the months following the announcement of the merger. Discussions can be based on the post-merger developments; competitive developments in the broadband industry post-merger; and, how stock prices reflect the market's reaction to a company's strategy. The points raised in Pacific Century CyberWorks (A) (product 9B00M031) are reinforced in this concise case, which can be introduced and read in class.
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