Saturday, November 21st, 2009

Posts Tagged ‘ Mobile Phone Company ’

Phase One of China’s Telecom Overhaul: China Unicom, China Telecom Corp. and China Netcom Swap Assets

Jun 2nd, 2008 | By Mike Caggeso | Category: Emerging Markets

Wasting no time with China’s government-executed telecom restructuring, telecommunications giant China Unicom Ltd. (ADR: CHU) agreed to sell the smaller of its two wireless networks to fixed-line titan China Telecom Corp. Ltd. (ADR: CHA) for nearly $16 billion.