Friday, July 01, 2005

Telefónica Buys Stake in China Netcom

From Financial Times: Telefónica buys stake in China Netcom

"Telefónica of Spain yesterday broke into China's state-run telecommunications sector by agreeing to pay €240m (US$290m) for a 3 per cent stake in China Netcom, the Hong Kong and New York-listed operator."

"The Spanish company, the world's third-biggest telecoms group by market value, said it had signed a broad strategic alliance with Netcom, China's second-largest fixed-line operator.
It said it hoped eventually to lift its stake to the maximum 5 per cent and qualify for a seat on the board."

"China Netcom is widely seen as weaker than China Telecom, its larger rival, as it mainly operates in the less affluent northern regions. However, it is confident of being awarded a third-generation mobile phone licence, which should shore up its long-term growth.
Amid growing competition and China's maturing fixed-line market, Netcom has been relying on broadband and a limited wireless service as its key growth engines. It is also dipping its toes into broadband television."

4 Comments:

At 7:07 PM, Blogger St Louis Cardinals BUFF said...

So many blogs and only 10 numbers to rate them. I'll have to give you a 8 because you have good content.

Free Access To More Information Abouthealth insurance pennsylvania

 
At 6:51 PM, Anonymous mensajes movistar said...

lol

 
At 8:51 PM, Blogger wangzi said...

Even though many wearers of Breitling Watches probably do not know how to operate such complications, nor do Breitling Aeromarine y need them, just having Bentley 6.75 in a Breitling Windrider (the way they look) has made them luxurious, pricey and therefore, desired.

ED clothing seem to have the whole fashion world watching. Huge celebrities like Sylvester Stallone among many others have been seen in public wearing ED Hardy Shoes . You notice Hollywood stars showing off there new ED Hardy Shoes trend. Undoubtedly showing the impact hardy shirt have on fashion.

This women's stability Hogan scarpe offers an excellent combination of cushioning and stability for all runners who want more support. If you love running and you do a lot of racing, then the Hogan scarpe donna are calling out your name. The racing enthusiasts throughout the world have been using hogan donna for years. If you are looking for a good piece of Hogan scarpe uomo which is not only stylish and fashionable, but also provide maximum comfort, then go straight to online shoes stores.

 
At 8:52 PM, Blogger wangzi said...

Even though many wearers of Breitling Watches probably do not know how to operate such complications, nor do Breitling Aeromarine y need them, just having Bentley 6.75 in a Breitling Windrider (the way they look) has made them luxurious, pricey and therefore, desired.

ED clothing seem to have the whole fashion world watching. Huge celebrities like Sylvester Stallone among many others have been seen in public wearing ED Hardy Shoes . You notice Hollywood stars showing off there new ED Hardy Shoes trend. Undoubtedly showing the impact hardy shirt have on fashion.

This women's stability Hogan scarpe offers an excellent combination of cushioning and stability for all runners who want more support. If you love running and you do a lot of racing, then the Hogan scarpe donna are calling out your name. The racing enthusiasts throughout the world have been using hogan donna for years. If you are looking for a good piece of Hogan scarpe uomo which is not only stylish and fashionable, but also provide maximum comfort, then go straight to online shoes stores.

 

Post a Comment

<< Home