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People Daily (Free subscription) | 26/08/2008
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) | 25/08/2008
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) | 20/06/2008
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.
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3wan.net (Free subscription) | 08/06/2008
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) | 03/06/2008
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 ...