Telecom & Wireless

Rumor: China Unicom Might Acquire China Netcom

Hong Kong media reports that mainland China's telecom industry will be restructured with China Unicom (CHU) acquiring China Netcom and meanwhile selling its CDMA network to China Telecom (CHA).

A representative from China Telecom says they have not received any notice about this.

This may also be part of a wider government restructuring agenda.

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