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DBS cuts China Telecom target price |
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Written by Administrator
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Tuesday, 28 August 2007 |
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BEIJING, Aug. 29 (InfoChina) – DBS newly cut the target H-share price of China Telecom (NYSE: CHA; HK: 0728) from 5.6 Hong Kong dollars to 5.52 Hong Kong dollars, due to its lower-than-expected interim results, but still kept its “Buy” rating. |
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China Telecom H1 net profit up 1.3 pct on growth of non-voice business |
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Written by Administrator
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Tuesday, 28 August 2007 |
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BEIJIJNG, Aug. 29 (InfoChina) – China Telecom (NYSE: CHA, HK: 0728), the country's major fixed-line operator, posted a net profit of 13.48 billion yuan for the first half year, up 1.3 percent year on year, despite that mobile operators are eroding the number of new subscribers to fixed-line operators. |
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China Netcom, PCCW not to launch large cooperation projects before issuance of 3G licenses: Zhang Ch |
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Written by Administrator
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Thursday, 23 August 2007 |
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BEIJING, Aug. 23 (InfoChina) – China Netcom Ltd. (NYSE: CN, 0906. HK) will not launch large cooperation projects with PCCW before receiving a 3G license, said Zhang Chunjiang, the company’s board chairman. |
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China Netcom vows to prolong PHS’s life |
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Written by Administrator
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Thursday, 23 August 2007 |
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BEIJING, Aug. 23 (InfoChina) – Zuo Xunsheng, CEO of China Netcom Ltd. (NYSE: CN, 0906.HK), said on August 22 that the company vows to prolong the life of its PHS service by pegging it to broadband services and will not abandon it easily. |
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China Netcom expecting reshuffle of telecom industry |
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Written by Administrator
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Thursday, 23 August 2007 |
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BEIJING, Aug. 23 (InfoChina) – Zhang Chunjiang, board chairman of China Netcom Ltd. (NYSE: CN, 0906.HK), said on August 22 that the company is expecting the reshuffle of China's telecom industry. |
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