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Rumor: SASAC to Subsidize China Telecom CDMA Purchase
Sohu IT, 6/03/08
China Telecom (NYSE: CHA; 0728.HK) chairman and CEO Wang Xiaochu has admitted that the purchase of China Unicom's (NYSE: CHU; 0762.HK; 600050.SH) CDMA network will initially have a negative impact on the company's performance, with the first year or two set to present challenges and require significant investment. Read More
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