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Thread: What do you think of China telecoms restructuring?
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[quote=YVONNE,292765]Yesterday, China Telecom made a deal with China Unicom that it would pay 110 billion yuan to buy China Unicom’s CDMA wireless network service though it admitted that the price was a little high. Except CDMA wireless network, China Unicom operates another GSM wireless network. After selling the CDMA service to China Telecom, it will buy China Netcom in all share deal at 186 billion Hong Kong dollars. It is reported that the purpose of the restructuring is to create a more fair competition in the market that is dominated by China Mobile. On the other hand, the restructuring is good for those customers. After finishing the reshaping, the customers will enjoy cheaper services from the communication operators. What do you think of the reshaping of China telecoms? Will it break China Mobile’s domination in the market? [/quote]
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