Jun 26, 2008
A source with knowledge of the situation has revealed that negotiations between China Telecom (NYSE: CHA; 0728.HK) and China Unicom (NYSE: CHU; 0762.HK; 600050.SH) have reached a deadlock over the demarcation of Unicom's CDMA network assets, with Unicom's dual GSM/CDMA base-stations being a major point of contention.
A figure connected with the telecom operators revealed at the 2008 Optical Telecommunications and Broadband Development Forum, held today at the Beijing Media Center, that China Mobile (NYSE: CHL; 0941.HK), China Unicom (NYSE: CHU; 0762.HK; 600050.SH) and China Telecom (NYSE: CHA; 0728.HK) will start their construction of 3G carrier networks in the next half year, most likely in October.
Get the free version of Marbridge Daily delivered to your inbox
Interested in gaining full access to all newsletter articles and the Marbridge Daily archive? To learn more about premium subscription options, including pricing, please:Click here
Members login here
Search Marbridge Daily