Marbridge Daily

<- May 05, 2008 ->

Rumor: Unicom CEO to Head China Mobile

Tencent Tech, 5/05/08

Hong Kong media today quoted an unnamed source as saying that China Unicom (NYSE: CHU; 0762.HK; 600050.SH) chairman and CEO Chang Xiaobing will be named as the next CEO of China Mobile (NYSE: CHL; 0941.HK). China Mobile's current CEO, Wang Jianzhou, will be promoted to chairman. In addition, China Telecom (NYSE: CHA; 0728.HK) will acquire Unicom's CDMA network, and China Netcom (NYSE: CN; 0906.HK) may acquire a GSM license.

 
Keywords: wireless, restructuring, 0762.HK, 0906.HK, 0941.HK, 600050.SH, CDMA, CHA, Chang Xiaobing, China Mobile, China Netcom, China Telecom, China Unicom, CHL, CHU, CN, GSM, telecom, Wang Jianzhou

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