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CHINA UNICOM ADMITS SEPARATION BUT DENIES RESTRUCTURING

AsiaInfo Services, February, 2007

AsiaInfo Services 02-02-2007 China Unicom Admits Separation but Denies Restructuring BEIJING, Feb 02, 2007 (SinoCast via COMTEX) -- China Unicom, the country's second-largest mobile operator, said on a statement that it is going to make some adjustments over its current market and marketing division. In order to satisfy varing need in market and give full play to the respective advantages of CDMA and GSM networks, the company will first separate the two's marketing division and then carry out different marketing strategies. The move can not only quicken the company's development but also enhance its profit, said a senor official of the Beijing-based company, and the separation will only occur on marketing, but not background supports and united resources. ...

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