China Unicom (CHU) break-up rumors gain momentum

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

China Unicom (ticker: CHU) is reportedly planning to sell both of its
mobile networks. The GSM network will be acquired by China Telecom (ticker: CHA), and the CDMA network by
China Netcom (ticker: CN). The China Stock Blog has covered this much-rumored development at length. Take a look here.