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Articles tagged with: Sk Telecom and China Unicom
China Unicom Buys Back South Korean Stake for $1.3 Billion
South Korea's SK Telecom has sold its 3.8 percent stake in China Unicom back to the Chinese mobile network operator for US$1.3 billion, the Chinese company has announced. The move comes shortly after Spain's Telefonica agreed to a mutual shareholder agreement with Unicom which saw it increase its holding in the Chinese company. more
Related Tags: three, three, China
Telefonica Looking to Increase Chinese Investment
Telefonica has not ruled out increasing its investment in China Netcom Group in order to boost its holding in the future China Unicom network operator. Spain's Telefonica currently owns 5 percent of China Netcom Group, which has been ordered by the government to merge with China Unicom. The agreement would dilute Telefonica's stake in the enlarged group so the company plans to increase its investment to maintain a 10 percent holding in the group, chairman Cesar Alierta told the Financial Times. more
Related Tags: china-mobile, telefonica, china-netcom, netcom, China
SK Telecom: Haven't Approached China Telecom for Stake Buy
SEOUL -(Dow Jones)- SK Telecom, South Korea's largest mobile phone carrier by revenue, Wednesday said it hasn't approached China Telecom Corp. to buy a stake in the Chinese company. more
Related Tags: qualcomm, china-telecom, singtel, China
China Unicom Chairman: No Plans to Distribute Special Dividend
HONG KONG -(Dow Jones)- China Unicom Ltd. said Monday it has no plans to distribute a special dividend following its merger with China Netcom Group Corp. (Hong Kong) Ltd. more
Related Tags: telefonica, china-netcom, netcom, China
SK Telecom: Offered to Buy Sprint Stake in Mid-Nov
SEOUL -(Dow Jones)- South Korea's SK Telecom, Friday said it had sought to acquire a stake in U.S. wireless services provider Sprint Nextel, although it still has to receive the company's official response to its offer. more
Related Tags: sprint-nextel, wall-street-journal, tim, nextel, USA
SK Telecom Bids For Stake In Pakistan Telecom Firm
SEOUL -(Dow Jones)- South Korea's SK Telecom has bid for a stake in an unidentified Pakistani telecommunications company, a company spokesman said Thursday. more
Related Tags: sprint-nextel, Pakistan
SK Telecom Denies Talk It May Take Over Sprint Nextel
SEOUL -(Dow Jones)- South Korea's SK Telecom, Tuesday denied market talk that it is seeking to acquire U.S. wireless service provider Sprint Nextel to strengthen its presence in the USA. more
Related Tags: sprint-nextel
Chinese 3G Test Center Opened in South Korea
South Korea's SK Telecom has opened a TD-SCDMA testing office at it's R&D center in Bundang, Korea. The TD-SCDMA Test-bed is a joint project of SK Telecom and the Chinese government. more
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China Mobile Expected To Outpace Unicom In 2006 Earnings
HONG KONG -(Dow Jones)- China's telecommunications boom is expected to lift profits for mobile phone operators, but China Mobile's rising subscriber base and stable margins should keep its earnings growth well above those at smaller rival China Unicom. more
Related Tags: 3g-license, capex, china-mobile, 3g-licenses, goldman-sachs
SK Telecom CEO Expects Further Opening of Chinese Market
SK Telecom's CEO Kim Shin-Bae appeared on a special live broadcast hosted by China's CCTV in commemoration of China's fifth anniversary in its entry into the WTO. Through his speech, he revealed his expectations about the additional opening of China's telecom market, saying that it would lead to increased competitiveness of Chinese telecom operators due to investments and competition. He also added that SK Telecom would pursue globalization together with Korean and Chinese IT companies, playing the role of a bridge for cooperation of the telecom sectors of the two countries. more
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