Its hard to know what these guys are really up to as they seem to be investing in a diverse range of businesses. Based on my own experience of dealing with Chinese telcos it can be very hard getting paid on time and generally avoid getting screwed. They are monopolies and think that they can do what they want. If PacificNet were to be positioned as a systems integrator to the telcos then look at the fates of AsiaInfo and UT Starcom.
BusinessWeek Recommends PacificNet (PACT) [View article]