Beijing: China Netcom is planning to issue 5 billion yuan in corporate bonds this year to fund network expansions - $604 million - News map: Asian telecoms this month - Brief Article

Telecom Asia, Dec, 2003

Beijing: China Netcom is planning to issue 5 billion yuan ($604 million) in corporate bonds this year to fund network expansions. The company is also in preliminary talks with "many major investment banks" for overseas listings in Hong Kong and New York in 2004.