China Telecom denies CDMA buying reports
China Telecom Corp, the nation’s largest fixed-line telephone carrier, denied recent reports that it is preparing to buy CDMA network from China Unicom Ltd as part of China’s telecom industry restructuring.
According to recent reports, top executives on both sides have conducted several rounds of talked and China Telecom has started hiring technicians familiar with CDMA operations.
In response, China Telecom said yesterday it has not received any indication about restructuring from the Chinese government.
Top officials from China Unicom part also denied the news.
China has said it would reorganize the telecom sector in the nation which owns the world’s largest mobile-phone market with 547.3 million handset users by the end of 2007, however, no specific timetable was given so far.
Tags: CDMA, China-Telecom, China-Unicom