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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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