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People Daily (Free subscription) | 08/26/2008
China Netcom Group Corp., one of the country's main fixed-line telecommunications providers, on Monday reported a first-half net profit of 5.88 billion yuan (859 million U.S. dollars), up 11.9 percent from the same period last year. The company said in its half-year report that income, which excluded connection fees, stood at 40.62 billion yuan, down by 0.15 percent over the same period last year....
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Market Watch (Free subscription) | 08/25/2008
HONG KONG (MarketWatch) -- China Netcom Group Corp. Ltd , the Hong Kong-listed unit of China's largest fixed-line operator by subscribers, said Monday first-half net income fell 5.2% from a year earlier, as its fixed-line business declined. The company reported net income attributable to shareholders of 6.38 billion yuan ($932 million), compared to 6.73 billion in the year-earlier period. The result...
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cellular-news (Free subscription) | 08/21/2008
China Mobile and China Unicom will likely report strong first-half results as they continued to snatch away customers from fixed-line operators China Telecom and China Netcom Group Corp. (Hong Kong).
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cellular-news (Free subscription) | 08/14/2008
China Unicom said late Thursday Chairman and Chief Executive Chang Xiaobing will become the chairman and chief executive of the newly formed company that it will merge with China Netcom Group Corp. (Hong Kong).
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3wan.net (Free subscription) | 06/08/2008
China's Changes In Telecom Sector Start Taking Hold China forged ahead with the restructuring of its telecom market Monday, as China Unicom, the country's No. 2 mobile phone company, agreed to buy China Netcom Group for $23.8 billion in stock and to sell off part of its wireless business to China Telecom for $15.9 billion. China Unicom will keep its biggest wireless unit, which operates a GSM-type...
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People Daily (Free subscription) | 06/03/2008
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 ...
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cellular-news (Free subscription) | 06/02/2008
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.
