WIRELESS COMMUNICATION MARKET LIKELY TO BE RESHUFFLED IN 2005

AsiaInfo Services, March, 2005

AsiaInfo Services 03-10-2005 Wireless Communication Market Likely to Be Reshuffled in 2005 BEIJING, Mar 10, 2005 (SinoCast via COMTEX) -- China's wireless communication market is expected to be reshuffled in 2005, and the competition in the telecom industry will not be too fierce, according to a report released by a famous investment bank BearStearns. The GSM operation of China Unicom, one of the country's largesttelecommunication operators, is likely to be acquired by Chinese fixed-phone operators in the coming nine months, the report said.

If this happens, it will greatly change the prospects of China Unicom's other operations, especially CDMA operation. According to the report, if China's mobile telecommunication industry is reshuffled, China Unicom's...

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