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China Netcom's net profit rises almost 12% in first half

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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China Netcom 1H net income slips on soft fixed-line business

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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China Netcom Announces 2008 Interim Results

HONG KONG - China Netcom Group Corporation (Hong Kong) Limited (“China Netcom” or the “Company”) (HKSE: 0906; NYSE: CN), a leading broadband and fixed-line communic

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China Netcom Announces 2008 Interim Results

HONG KONG--(BUSINESS WIRE)--China Netcom Group Corporation (Hong Kong) Limited (“China Netcom” or the

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PREVIEW:China Mobile,Unicom To Beat Rivals With Strong 1st Half Profit

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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China Unicom CEO to Lead Merged Company

China Unicom named Chang Xiaobing to lead the company when it's merged with China Netcom Group (Hong Kong).

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China Unicom's Chang Takes on New Role

China Unicom named Chang Xiaobing to lead the company when it's merged with China Netcom Group (Hong Kong).

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China Unicom Chairman Chang to be Chairman, CEO of Newly Merged Co

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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China Netcom to Delist From Hong Kong, New York Exchanges

China Netcom Group Corp. (Hong Kong) said in a statement Thursday it plans to delist its shares from the Hong Kong stock exchange on Oct. 15, following the planned merger with China Unicom.

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China Netcom Files Form 20-F

HONG KONG - China Netcom Group Corporation (Hong Kong) Limited (“China Netcom” or the “Company”) (HKSE: 0906; NYSE: CN), a leading broadband and fixed-line communic

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Telefonica Looking to Increase Chinese Investment

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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China Netcom Group Corporation (Hong Kong) Ltd. (NYSE:CN) - China ... - Research Oracle

China Netcom Group Corporation (Hong Kong) Ltd. (NYSE:CN) - China ... Research Oracle, UK - Jun 3, 2008 ... that it would be merging its operations with China Unicom Limited (China Unicom) in the midst of the Chinese telecommunication industry restructuring. ...

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China - restructuring of the market

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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China Unicom unveils details of merger with China Netcom

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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China Unicom Chairman: No Plans to Distribute Special Dividend

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.