China Unicom Buys China Netcom in $23.8 Billion Deal
on June 10th, 2008 at 3:44 pmHONG KONG (AP) — China pressed ahead with a restructuring of its telecommunications market Monday as mobile phone company China Unicom Ltd. announced plans to take over a fixed-line provider and sell off a mobile business. The country’s No. 2 mobile operator said it would aquire China Netcom Group Corp. Ltd in a share swap […] ↓ Read the rest of this entry…