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  1. SK Telecom to buy Unicom bonds

    Posted Jun 21st 2006, 12:00am by Staff Reporter

    ... Frederick Yeung South Korean mobile operator SK Telecom is likely to announce today the purchase of US$1 billion worth of convertible bonds in China Unicom, according to sources. ... today and a teleconference with investors would be held. The bonds may be swapped into shares of China Unicom, its mainland-listed parent China United Telecommunications Corp ...

  2. Unicom set to fight China Mobile rate cuts

    Posted May 13th 2006, 12:00am by Georgina Lee

    ... Georgina Lee China Unicom yesterday said that although recent tariff cuts by China Mobile were unlikely to extend to more provinces, it had decided to make 'regulatory preparations' to counteract further moves by its rival. Unicom president Shang Bing said that the company had already made operational and regulatory preparations to respond to any deterioration ...

  3. China Unicom to sell 6b yuan notes to raise working capital

    Posted Jul 06th 2006, 12:00am by Georgina Lee

    ... Georgina Lee and Tim LeeMaster Operator's short-term debt sale follows US$1 billion bond deal with SK Telecom China Unicom, the country's second-largest mobile-phone operator, ... will be sold through its wholly owned subsidiary China Unicom Corp, comes after the US$1 billion convertible bond sale to South Korea's second-largest mobile operator SK Telecom last month. China ...

  4. China Unicom director proud of governance progress

    Posted Mar 25th 2006, 12:00am by Georgina Lee

    ... Georgina Lee China Unicom executive director William Lo Wing-yan says although there have been many ups and downs for the mainland's No 2 mobile operator during his four-year stint, he is heartened by how much the company has progressed in corporate governance. Mr Lo, 44, a vice-president of Unicom who has a doctorate in genetic engineering, has resigned ...

  5. China Unicom seeks partners for CDMA services

    Posted Mar 24th 2006, 12:00am by Staff Reporter

    ... Frederick Yeung Building on scale will lower costs for the operator and help turn around business China Unicom is seeking local or foreign partners to participate in its CDMA mobile ... not yet issued the regulatory framework for a 3G service. While the market is expecting China to issue 3G licences in the second half this year, Unicom is expected to award a licence using ...

  6. Unicom earnings up 11pc after handset subsidy cut

    Posted Aug 25th 2006, 12:00am by Georgina Lee

    ... Georgina Lee China Unicom, the smaller of the mainland's two mobile-telephone operators, said net profit for the second quarter rose 11.44 per cent from a year ago after it cut ... a comparable figure for last year. In its battle with dominant operator China Mobile, which is not plagued by a CDMA network, Unicom has had to offer handset subsidies, as CDMA phones are costlier than ...

  7. SK Telecom secures Unicom link in US$1b bond deal

    Posted Jun 22nd 2006, 12:00am by Staff Reporter

    ... decided to buy US$1 billion of China Unicom's convertible bonds and forge an alliance with the Chinese firm that will pave way for the launch of third-generation mobile services on the mainland. SK Telecom will buy US$1 billion of zero-coupon convertible bonds due 2009. The bonds can be swapped for 899 million Hong Kong-listed China Unicom shares at $8.63 each, a 6.67 per cent ...

  8. Unicom denies talk of CDMA network sale

    Posted Oct 03rd 2006, 12:00am by Staff Reporter

    ... Frederick Yeung China Unicom, the other mainland mobile operator after China Mobile, yesterday said it is not in talks with China Telecom, the country's largest fixed-line operator, ... to buy China Unicom's CDMA network. 'We strongly deny the rumour on the sale of our CDMA network. We are neither in talks nor in preparation for such [a deal],' a China Unicom ...

  9. Unicom sounding out suitors

    Posted Mar 27th 2006, 12:00am by Georgina Lee

    ... Georgina Lee Strategic partner seen as valuable as mainland prepares to award 3G licences China Unicom has learned an expensive lesson with its CDMA business over the past three years and is now considering taking on a strategic partner so as to not make the same mistakes when 3G is launched in the mainland. Vice-president William Lo Wing-yan said China Unicom was already drawing ...

  10. KDDI talks down investment in Unicom

    Posted May 05th 2006, 12:00am by Georgina Lee

    ... Georgina Lee KDDI Corp, Japan's biggest CDMA operator, would prefer partnering with China Unicom on CDMA roaming and 3G expertise rather than invest in the group, a company source said yesterday. The comments follow reports that Unicom is in talks with three telecommunications operators- KDDI, Korea's SK Telecom and Sprint Nextel of the US- about investing ...




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