We are hiring very aggressively,'' he says. It has just doubled its office space, to 11,000 square feet, and will increase its payroll by one-third, to 120, by yearend. Even so, Outblaze has no plans to test the IPO waters. That means PCCW won't be seeing returns for a while. The strategy is to help PCCW expand its businesses.
Trouble is, many partners linked up with higher hopes.
No doubt, Richard Li will go on making deals. And in the long run, they may indeed help PCCW grow into a broadband powerhouse. But for now, Li is finding that lots of little investments aren't adding up to one sure thing. The McGraw-Hill Companies Inc. All rights reserved.