2 NAMES DENY TELECOMS RESHUFFLE
AsiaInfo Services, November, 2007
AsiaInfo Services 11-13-2007 2 Names Deny Telecoms Reshuffle HONG KONG, Nov 13, 2007 (SinoCast via COMTEX) -- Wang Jianzhou, chairman and chief executive officer of China Mobile Ltd. (SEHK: 0941), clarified on November 9, 2007 that the company would not be broken up for the reorganization of the Chinese telecommunications industry. The Chinese government was reported to intend to reshuffle the domestic telecommunications industry before it would release the 3G licenses next year, and the country's two mobile communications operators, China Mobile and China Unicom Ltd.
(SEHK: 0762) would be split for the reshuffle. The industry's big players were split into small ones to add competition in the market years ago. Different from then, now the government is more...
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