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Lehman Brothers: Unicom to Pay RMB 96 bln for Netcom

Sina Tech, 3/13/08

Lehman Brothers predicts that China Unicom (NYSE: CHU; 0762.HK; 600050.SH) could receive up to RMB 40 bln for selling its CDMA user base, and that the company would pay RMB 96 bln to purchase China Netcom (NYSE: CN; 0906.HK). Read More