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Articles tagged with: China Netcom
Telefonica Increases its Stake in China Unicom
Spain's Telefonica and China's Unicom are to invest US$1 billion in each other and have signed an agreement to cooperate in various business areas. After the completion of the transaction, China Unicom's shareholding in Telefonica will be approximately 0.88% and Telefonica's shareholding in China Unicom will increase to approximately 8% from 5.38%. more
Related Tags: telefonica, china-unicom, base, China
1Q09 results highlight importance of emerging markets
Opinion piece by John Lively, VP & Chief Forecaster
Exchange-rate shifts can mask real growth
Dramatic changes in exchange rates occurred in 4Q08 and 1Q09, compared to
previous periods, with many currencies weakening versus the dollar. The euro
fell 15%, the Indian rupee declined 27%, the Mexican peso 33%, the Australian
dollar 36%, and the Korean won was down 48%. For an operator reporting EUR 100
million of capex in both 1Q08 and 1Q09, exchange-rate shifts would translate the
0% growth into a decline of 13% if the results were converted to US dollars at
the going rate for each period.
more
Telefonica to Boost Holding in China Unicom
Spain's Telefonica is to invest around EUR 800 million (US$1.16 billion) to maintain its holding in China Unicom. The Chinese operator is merging with landline operator, China Netcom in a government mandated program, and Telefonica will end up with 5.5% of the merged company. more
Related Tags: telefonica, china-unicom, netcom, China
China to Allocate Additional Spectrum to 3G Networks
It has been reported that China is planning to allocate additional radio spectrum to the homegrown 3G service, by taking it from the low-cost XiaoLingTong local area wireless service. Xie Feipo, from the Ministry of Industry and Information Technology said that the ministry had asked fixed-line operators to return the PHS radio spectrum so it could be reassigned to the TD-SCDMA network. more
Related Tags: m1, roaming, china-unicom, zte, china-mobile, china-telecom, td-scdma, rcom, cdma, utstarcom, radio-spectrum, landline, netcom, miit, China
China Telecom Completes Purchase of Unicom CDMA Network
China Telecom says that it has completed the $6.4 billion purchase of China Unicom's CDMA network. China Unicom is now free to complete its own purchase of landline operator, China Netcom - as part of the government mandated restructuring of the industry. more
Related Tags: china-unicom, china-telecom, cdma, netcom, China
China Netcom to be Removed From HSI Oct 6; Before Delisting
HONG KONG -(Dow Jones)- Hong Kong stock index compiler Hang Seng Indexes Co. said Monday it will remove China Netcom Group Corp. (Hong Kong) from the benchmark Hang Seng Index on Oct. 6, instead of the originally planned Oct. 15. more
Related Tags: china-unicom, netcom, Hong Kong
China Unicom is reported to have started a trial WCDMA based network in Baoding City in northern China's Hebei Province. Industry sources told the Interfax news agency that the trials have already commenced. more
Related Tags: china-unicom, wcdma, 3g-license, china-mobile, china-telecom, td-scdma, cdma, cdma-evdo, landline, netcom, China
China Unicom Holders Approve Merger With China Netcom
HONG KONG -(Dow Jones)- China Unicom said Tuesday its minority shareholders approved its merger with fixed-line carrier China Netcom Group Corp. (Hong Kong) Ltd. as part of the restructuring of China's telecommunications industry. more
Related Tags: china-unicom, china-mobile, china-telecom, cdma, netcom, China
China Unicom: No Impact on CDMA Operations Sale from Lehman Crisis
HONG KONG -(Dow Jones)- China Unicom said Tuesday it doesn't expect the sale of its Code Division Multiple Access operations to China Telecom Corp. to be affected by the collapse of Lehman Brothers Holdings, which is advising on the sale. more
Related Tags: china-unicom, china-telecom, telefonica, chief-financial-officer, netcom, China
UPDATE:Telefonica Gains Ground in China on Unicom Stake
MADRID -(Dow Jones)- Telefonica said Thursday it will invest some EUR800 million to build its ownership in China Netcom Group Corp. (Hong Kong) Ltd. and China Unicom, gaining a greater foothold in the world's largest mobile market. Telefonica said in a filing with Spanish regulators Thursday that it plans to own 5.5% of the new, merged company following the restructuring of China's state-controlled telecommunications industry. more
Related Tags: china-unicom, telefonica, netcom, China