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Netcoms Tian Suning involves in venture capital fund |
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Written by Administrator
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Monday, 03 April 2006 |
BEIJING, April 3 (InfoChina) CR Peoples entered into cooperation with China Broadband Capital Partners L.P. (CBC) recently to inject 50 million US dollars in telecom, media and technology related companies in the Chinese mainland, according to a report of Beijing Morning Post.
Netcoms Tian Suning involves in venture capital fund
BEIJING, April 3 (InfoChina) CR Peoples entered into cooperation with China Broadband Capital Partners L.P. (CBC) recently to inject 50 million US dollars in telecom, media and technology related companies in the Chinese mainland, according to a report of Beijing Morning Post.
It is learned that CBC is indirectly owned fully by Tian Suning, vice general manager of China Netcom Co., Ltd. (NYSE: CN).
Earlier, it was said that Tian would leave China Netcom and found a new venture capital fund. But the rumor has not been confirmed by China Netcom.
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Last Updated ( Monday, 03 April 2006 )
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China Stock News