China Unicom Ltd said it is looking at plans to incorporate its fixed-line business with similar assets owned by shareholders, representing its larger plan of establishing a unified national network of fixed-line and wireless business, reports Bloomberg.
While downplaying the announcement, the company said the plans are currently at an early stage and therefore can not [...]
Sources have revealed that the organizational structure of the new China Unicom (NYSE: CHU; 0762.HK; 600050.SH) has been released. The design calls for 28 departments under the main headquarters, plus an additional vertically managed company. Former department managers at China Unicom and China Netcom will assume positions as general managers for the 28 new departments.
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China Telecom (Europe) Ltd. on Thursday said it would expand its Asian-European services, aiming to increase its market share in Europe.
“Our vision is to create a 21st-century high speed information silk road uniting the business minds of the East and the West,” said Du An, managing director of China Telecom (Europe) Ltd. at a business [...]
With the restructuring of China’s telecom industry gearing up, foreign operators are pulling out all stops to seal local partnerships and position themselves for the 3G (third generation) era of the world’s largest telecom market.
“China’s telecom restructuring gives us an opportunity to bring our mobile business to the country, as our domestic partners can get [...]
The chairman of Hong Kong’s dominant fixed-line telephone company PCCW Ltd. is considering a takeover deal that would transfer ownership to another company he controls, according to a person familiar with the situation.
Richard Li may seek a deal that would transfer PCCW to Singapore-listed Pacific Century Regional Developments Ltd., this person said. Mr. Li and [...]
China Netcom Group Corporation (Hong Kong) Limited was fully incorporated into China Unicom Limited on Wednesday, creating the new China Unicom (Hong Kong) Limited.
Netcom’s shares on the Hong Kong Stock Exchange and its American Depositary Shares on the New York Stock Exchange were delisted.
Tags: China-Netcom, China-Unicom
