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Datang Telecom to Apply for RMB 1 Bln Loan

Sina Tech, 9/30/09

Datang Telecom (600198.SH) issued a number of stock transaction filings today announcing that following the approval of the board of directors, the company will apply for a loan of no more than RMB 1 bln from the China Academy of Telecommunication Technology (CATT), with a time limit of no more than a year and an interest rate no higher than 10% below the standard bank rate for one-year loans. Read More

Ping An Insurance Wavers on Purchase of Datang Mobile Stake

Shanghai Securities News, 1/03/08

According to an informed source, as of December 31 only Ping An Insurance subsidiary Ping An Trust and Investment had laid out earnest money for the stake in Datang Mobile offered for sale on the Shanghai United Assets and Equity Exchange. Read More

CATT to Sell 13% Stake in Datang Mobile

Shanghai Securities News, 11/21/07

The China Academy of Telecommunication Technology (CATT) is offering its 13% stake in Datang Mobile for sale on the Shanghai Stock Exchange, with an RMB 1 bln price tag. Read More