The Digital Source For China's Tech Innovation Since 2000

Search
Close

China Unicom Denies Telecom Restructuring

April 7, 2005
Telecom & Wireless

After many local media yesterday published a report that said China Unicom and China Netcom would merge, today top management from China Unicom are denying the rumor.

The reports quoted an industry insider who said the merger of the two businesses would produce a combined annual revenue of CNY170 billion.

China Unicom instead says it is soon to implement a new round of market strategy that was planned a while ago, and that it has no intention to merge.

China Netcom has not publicly confirmed or denied the report.

Tags: China | China Netcom | China Unicom | IT | management | media | merger | report | restructuring | revenue | rumor | strategy | telecom

Other Related News:

Why Did Grindr Disappear from App Stores in China?

February 3, 2022

Breakingviews: The shafts of light in a dark, dark world

November 16, 2022

Xiaomi: ED's probe on Xiaomi: China calls for fair & non-discriminatory environment for its firms in India, Retail News, ET Retail

May 10, 2022

GQG Partners LLC Reduces Position in Taiwan Semiconductor Manufacturing Company Limited (NYSE:TSM)

February 20, 2022

Ericsson's New China Educational Business Initiative

December 29, 2006

Congressional Republicans demand TikTok turn over documents about user data being accessed in China

July 15, 2022

Fabulous Vintage Royal Vale Bone China # 7978 Teacup Candle Duo with a "Cinnamon Spiced Apple" Scented Candle

January 24, 2022

Merlin Capital LLC Acquires New Stake in Taiwan Semiconductor Manufacturing Company Limited (NYSE:TSM)

June 18, 2022

WLAN Market Reached US$62.42 Million In First Three Quarters Of 2006

February 16, 2007
  • Contact Us
  • About Us
  • Corrections and Disclosure
  • Privacy Policy
  • Terms & Conditions
  • Contact Us
  • About Us
  • Corrections and Disclosure
  • Privacy Policy
  • Terms & Conditions
© 2023 ChinaTechNews.com. A Service of Asia Media Network.
Twitter