Playing Games

Li Ka-shing Says U.K. 3G Share Sale May Take Place in Mid-2006 Philip Lagerkranser, Hong Kong

May 19 (Bloomberg) -- Hutchison Whampoa Ltd., Hong Kong billionaire Li Ka-shing's biggest company, may hold an initial public offering for its high-speed mobile-phone network in the U.K. in mid-2006.

[. . . . ] Hutchison's 3 unit, which lost HK$25.3 billion ($3.2 billion) in 2004, operates so-called third- generation networks in Europe, Hong Kong and Australia.

Li has been trying to turn the business around by getting customers to watch more video clips and play games online. [. . . . ]

Do you suppose the world needs more kids "watching video clips and playing games online"? I am less than amused. This is just the kind of thing that will be welcomed to Canada, I suppose. . . as soon as those who make decisions figure out how can government may harness this to garner more tax money to be frittered away on contracts for friends.