Wednesday, 7 January, 2009 | Last updated 8 minutes ago
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2009-1-7 |
NEWSPAPER EDITION
CHINA Unicom (Hong Kong) Ltd, the country's second-biggest telco, said yesterday that the state-owned assets regulator approved the merger of its two biggest shareholders.
China United Network Communications Group Co, and China Network Communications Group Corp merged when the State-owned Assets Supervision and Administration Commission approved it, according to Unicom.
CHINA Unicom (Hong Kong) Ltd, the country's second-biggest mobile-phone carrier, agreed to buy telecommunication assets from its parent for 6.43 billion yuan (US$939 million) to gain access to the southern China market. ...
