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August 11, 2008
Unicom Begins CDMA Network Assets Audit
Communications Weekly, 8/11/08
China Unicom (NYSE: CHU; 0762.HK; 600050.SH) has began a formal audit of its national CDMA network assets. A team consisting of 30 staff from various provincial Unicom outlets is now traveling to all provincial-level branches in the country, compiling statistics in a process expected to last until mid-September. The figures from the audit will form the definitive basis for the company's final terms of payment.
Keywords: 0762.HK, 600050.SH, CDMA, China Unicom, CHU, network, wireless, restructuring
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