Dec 20, 2007
The Ministry of Finance (MOF) and the State-Owned Assets Supervision and Administration Commission (SASAC) have issued notice that China Mobile (NYSE: CHL; 0941.HK), China Telecom (NYSE: CHA; 0728.HK), China Netcom (NYSE: CN; 0906.HK), China Tietong and China Satcom are to pay a combined total of RMB 5 bln in profits to the state.
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