Jul 15, 2008
According to a source at Unicom Huasheng, China Unicom's (NYSE: CHU; 0762.HK; 600050.SH) handset procurement subsidiary, a conference at the Huasheng's headquarters yesterday determined that 50% of the headquarters' staff will transfer to China Telecom (NYSE: CHA; 0728.HK), while 50% will remain with China Unicom.
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