Featured Articles

China Telecom Announces CDMA Acquisition Details

China Telecom Press Release, 6/02/08

China Telecom Corporation, the parent company of China Telecom Corporation Ltd (NYSE: CHA; 0728.HK; "China Telecom"), has agreed to acquire the CDMA network from China Unicom Ltd's (NYSE: CHU; 0762.HK; 600050.SH) parent company, China United Telecommunications Corporation, for a price of RMB 66.2 bln.   Read More...

Unicom, Netcom Merger Details Announced

China Netcom Press Release, 6/02/08

Details regarding the planned merger of China Unicom (NYSE: CHU; 0762.HK; 600050.SH) and China Netcom (NYSE: CN; 0906.HK) have been announced, with each share of Netcom to be exchanged for 1.508 shares of Unicom, and each American Depository Share (ADS) of Netcom to be exchanged for 3.016 ADSs of Unicom.   Read More...

Chang Xiaobing: Netcom, Unicom to Complete Merger in Q4

NetEase, 6/02/08

In today's analyst briefing on the Announcement of the Merger between China Netcom (NYSE: CN; 0906.HK) and China Unicom (NYSE: CHU; 0762.HK; 600050.SH), China Unicom chairman and CEO Chang Xiaobing disclosed the post-merger shareholding structure of the New China Unicom: Netcom Group (29.49%), Unicom Group (40.92%, among which, A-shares account for 82.10%), and public shareholders (29.59%).  Read More...

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