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Articles tagged with: Telefonica and Unicom
Telefonica to Raise Stake in China Unicom
Spain's telefonica has expressed a desire to increase its holding in China Unicom from the current 8.37% that it holds. The Spanish telco has often expressed an interest in increasing its holding to 10%, but that was before the revamping of the Chinese telecoms market a year ago. more
Related Tags: china-unicom, china-netcom, China
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: china-unicom, china-netcom, base, beijing, China
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: china-unicom, china-netcom, netcom, china-unicom., 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, china-netcom, 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, china-netcom, netcom, latin-america, China
Telefonica Seeks to Become Key Holder in China Unicom
MADRID -(Dow Jones)- Telecommunications giant telefonica said Thursday it's seeking to become the leading private shareholder of the new company resulting from the merger of China Unicom and China Netcom Group Corp. (Hong Kong). more
Related Tags: china-unicom, china-netcom, netcom, China
Telefonica to Strengthen Alliance With China Unicom
SANTANDER, Spain -(Dow Jones)- telefonica is very confident it will be able to strengthen its alliance with China Unicom following the restructuring of China's state controlled telecommunications industry, telefonica's Chief Operating Officer Julio Linares told reporters late Monday. more
Related Tags: china-unicom, china-netcom, netcom, 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-unicom, china-mobile, china-netcom, sk-telecom, netcom, china-unicom., 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: china-unicom, china-netcom, sk-telecom, netcom, China
THIS WEEK IN CHINA: Mainland Telecom Stocks in Focus This Week
HONG KONG (Dow Jones) -- Mainland telecoms will be in focus this week, with the remaining three big companies in China lining up to report financial results in the wake of China Mobile's strong results a week ago. more
Related Tags: avea, li-ka-shing, china-mobile, china-netcom, hutchison, netcom, hutchison-whampoa, beijing, China
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