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February 8, 1988

COMMU7NICATIONS SATELLITE TO BE PUT UP OVER HONG KONG

By CBR Staff Writer

And Cable & Wireless Plc, China International Trust & Investment Corp, and Hong Kong tycoon Li Ka Shing, who last year bought 4.9% of Cables’ shares, are joining forces to do a feasibility study into putting up a communications satellite over Hong Kong, reports the Sunday Telegraph, which adds that China International already has rights on a satellite: it will be something of a coup for Peking if the satellite is successfully fired into orbit on China’s Long March rocket.

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