China Unicom's fund-raising grabs Western attention

Article Abstract:

China Unicom, which ranks number two as a wireless operator in China, is planning for fund-raising, possibly in order to raise the money to purchase 18 wireless provincial networks from its parent. Unicom's activity is attracting much attention from outside companies in regions such as the U.S., where it is possible to see either a recovery or a slowdown. China Mobile, China Unicom's rival, could steal away its anticipated success, however, being that mobile is currently a big industry.

Author: Richardson, Karen
United States, Strategy & planning, Management, China Mobile Communications Corp.

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PCCW's woes continues as Cable & Wireless unloads stake

Article Abstract:

Hong Kong-based Pacific Century CyberWorks Ltd. saw its stock fall after Cable and Wireless PLC announced that it was selling its remaining stake in the company as part of a $1.5 billion exchangeable bond issue. Separately, China Unicom Ltd. posted a profit for the year 2000 that more than doubled analyst expectations.

United Kingdom, Telecommunications, Telephone Communication, Hong Kong, Securities issued, listed, Securities prices, Securities, Pacific Century CyberWorks Ltd., China Unicom Ltd., Cable & Wireless PLC

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Debt hinders Unicom plans

Article Abstract:

China United Telecommunications (Unicom) intends to expand a mobile-phone network using technology from the U.S., but the expansion could be delayed for several months due to the company's debt and accounting problems.

Liabilities NEC

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Subjects list: China, Telecommunications services industry, Telecommunications industry, Cellular telephone services industry, Cellular telephone services, China United Telecommunications Corp., Finance
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