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China Netcom resorts to three strategies in business transformation |
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Written by Administrator
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Monday, 10 December 2007 |
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BEIJING, Dec. 5 (InfoChina) – Zuo Xunsheng, CEO of China Netcom Ltd. (0906.HK, CN.NYSE) said that his company will resort to the three strategies of broadband, Olympics and internationalization to advance its business transformation. |
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China’s telecom industry needs more competition, official |
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Written by Administrator
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Monday, 10 December 2007 |
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BEIJING, Dec. 5 (InfoChina) – The Chinese government will make further efforts to break monopoly of its telecom industry and cut telecom tariff, said Xi Guohua, vice minister of the Ministry of Information Industry (MII) on Dec 4. |
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Last Updated ( Monday, 10 December 2007 )
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China Netcom to sell more state shares |
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Written by Administrator
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Thursday, 29 November 2007 |
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BEIJING, Nov. 29 (InfoChina) – Zhang Chunjian, board chairman of China Netcom Ltd. (0906.HK, CN.NYSE), recently expressed his welcome for Spanish telecom operator Telefonica to increase its stake in China Netcom to 9.99 percent, from 5.0 percent at present, reported Shanghai Securities News. |
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UBS cuts holding of China Telecom to 6.75 pct from 7.02 pct |
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Written by Administrator
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Thursday, 29 November 2007 |
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BEIJING, Nov. 29 (InfoChina) – UBS reduced its holding of China Telecom (0728.HK; CHA.NYSE) to 6.75 percent, from 7.02 percent, on Nov. 22, according to the Hong Kong Stock Exchange. |
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Zacks cuts UTStarcom 6-month target price to 3 USD |
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Written by Administrator
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Wednesday, 28 November 2007 |
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BEIJING, Nov. 28 (InfoChina) – Zacks Investment Research (Zacks) Tuesday maintained its “sell” rating over UTStarcom Inc. (UTSI. Nasdaq), China’s leading networking solutions provider, while cutting its six-month target price to three U.S. dollars on the concerns over lack of business momentum and sharp decline in gross margin. |
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