CHINA COMSERVICE GAINS 85.5% ON 3G LICENSE
AsiaInfo Services, December, 2006
AsiaInfo Services 12-12-2006 China ComService Gains 85.5% on 3G License HONG KONG, Dec 12, 2006 (SinoCast via COMTEX) -- China Communications Services Corporation Limited (China ComService), an affiliate of China Telecom Corporation, saw its share price gain 85.5% over the offer price to close at HKD 4.08 last Friday, as it is predicted to embrace lucrative opportunities after China issues the 3G mobile service license. Wang Xiaochu, non-executive director of China ComService and chairman of China Telecom Corporation, China's biggest fixed-line phone carrier, said that Chinese regulators are discussing the timetable for issuing 3G licenses, and it means huge chances for China ComService whichever company finally gets the license. That day, ZhaoJin Mining Industry...
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