日批在线视频_内射毛片内射国产夫妻_亚洲三级小视频_在线观看亚洲大片短视频_女性向h片资源在线观看_亚洲最大网

   
 

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: 天天看天天干 | 欧美一级视频在线观看 | 天天插日日操 | 欧洲一区二区在线 | 国产精品91在线观看 | 日本在线视频一区 | 天天操天天舔 | 五月激情在线 | 亚洲天堂网在线观看 | 天天干夜夜骑 | 亚洲国产第一区 | 久久久久久网址 | 亚洲27p| 亚洲专区av| 久久精品 | 成人欧美一区二区三区黑人免费 | 二区三区四区视频 | 久久精品人人 | 国产调教在线 | 99在线观看免费视频 | 看真人毛片| 亚洲激情片 | 欧美亚洲国产精品 | 国产精品久久久久久久久久免费 | 韩国黄色一级大片 | 久久综合色网 | 免费在线观看av网站 | 1级黄色片| 日韩成人在线网站 | 天天夜夜操| 日韩免费视频一区二区视频在线观看 | 欧美视频一区在线 | 视频1区 | 国产微拍一区 | 69av在线| 婷婷色综合 | 在线成人免费视频 | 鬼吹灯之天星术在线观看 | 成年人在线免费看片 | 亚洲午夜精品久久久 | 亚洲国产一级 |