China Telecom to enter mobile market?

Includes: CHA, CHL, CHU, CN-OLD
by: Ezra Marbach

China Telecom (ticker: CHA) has proposed to Chinese regulators that it be allowed to join with China Netcom (ticker: CN), the second largest fixed-line operator, to buy one of China Unicom's (ticker: CHU) two mobile networks. This would give Telecom and Netcom access to the faster-growing market for mobile services, and free Unicom from operating two networks based on different technologies.

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