www射-国产免费一级-欧美福利-亚洲成人福利-成人一区在线观看-亚州成人

   
 

China Unicom unveils details of merger with China Netcom

(Xinhua)
Updated: 2008-06-02 22:35

BEIJING - More details of the long-anticipated China telecoms industry reshuffle were revealed on Monday as China Unicom, the country's second largest mobile service provider, said it would acquire fixed-line operator China Netcom Group Corp. with a share swap deal.

The deal was valued at 439.17 billion Hong Kong dollars (US$ 56.34 billion), based on Monday's closing price of China Unicom at 18.48 Hong Kong dollars per share.


China Unicom Chairman & CEO Chang Xiaobing (R) shakes hands with his China Netcom counterpart Zuo Xunsheng during a news conference announcing the merger of the two Chinese telecom companies in Hong Kong June 2, 2008. [Agencies]

China Unicom said in a statement that each China Netcom share would be valued at 1.508 new China Unicom shares, while each American Depository Share of China Netcom would be valued at 3.016 American Depository shares of new China Unicom.

The merger is expected to introduce more competition into the telecoms industry, as part of the overhaul planned by the State-owned Assets Supervision and Administration Commission of the State Council and the Ministry of Industry and Information.

Related readings:

 China Telecom to pay $15.9 bln for CDMA

China Unicom also announced it signed a deal on Monday with China Telecom, the country's largest fixed-line operator, to sell its code-division multiple access (CDMA) operations and network for 100 billion yuan (US$ 14.49 billion).

The new China Unicom, by incorporating China Netcom, would focus on its global system for mobile communications (GSM). China Unicom originally operated both mobile networks.

China Unicom said following the CDMA sale, the company would be able to concentrate on development of its GSM technologies for the third-generation high-speed wireless services (3G).

China Mobile Communications Corp. (CMCC), the first to reveal the broader plan for the whole industry, released on May 23 plans for its acquisition of fixed-line operator China Tietong Telecommunications Corp. (China Tietong).

Analysts believe that the five state-owned companies in the telecom sector, namely China Mobile, China Telecom, China Unicom, China Netcom and China Tietong, will be restructured into three groups, each able to provide both mobile and fixed-line services.

They had also expected the restructuring to give impetus to the country's preparation for the long-awaited 3G technologies, which require huge investment.



Related Stories  
Top China News  
Today's Top News  
Most Commented/Read Stories in 48 Hours
主站蜘蛛池模板: 成年网站免费视频黄 | 亚洲欧洲久久久精品 | 日本 国产 欧美 | 国产一区二区三区视频在线观看 | 风流慈禧一级毛片在线播放 | 99视频在线观看视频一区 | 国产精品毛片天天看片 | 一级亚洲 | 国产 一二三四五六 | 亚洲综合网在线观看 | 97视频免费公开成人福利 | 日韩国产免费 | 欧美久久久久久久久 | 午夜成年女人毛片免费观看 | 欧美一区二区三区不卡片 | 国产成人精品视频播放 | 巨乳毛片 | 全部在线播放免费毛片 | 搞黄网站在线观看 | 亚洲精品99久久一区二区三区 | 欧美在线一级va免费观看 | 无国产精品白浆是免费 | 一个人免费观看日本www视频 | 男女午夜| 99久久免费国产香蕉麻豆 | 91精品成人免费国产片 | 久久福利青草精品资源站免费 | 日韩aⅴ在线观看 | 步兵精品手机在线观看 | 九一国产 | 99精品视频在线视频免费观看 | 久久亚洲国产成人影院 | 国产精品成人观看视频免费 | 国产91色综合久久免费 | 网友自拍第一页 | 日韩视频精品在线 | 欧美一级日韩一级亚洲一级 | 欧洲成人免费高清视频 | 九九手机视频 | 久久国产热视频 | 中国内地毛片免费高清 |