Operating revenue of PCCW to be doubled in 7 years

Chairman of PCCW (0008) Richard Li said the company aims to double EBITDA (earnings before interest, tax, depreciation and amortization) revenue in the next few years, the South China Morning Post reported. It will take PCCW seven years to grow its EBITDA revenue by 11%. PCCW has no plans to trim its 14,000 workforce despite rumors that it will cut 3,000 staff in the near term, the paper said.

Related stock : (8)