Hutchison Telecom Plans Delisting From HKSE May 25th
Wireless Federation
Delisting from the Hong Kong Stock Exchange has been planned by Hutchison Telecommunications Ltd. on May 25. The company is also planning to delist itself from the New York Stock Exchange on June 4. The moves will be implemented if parent company Hutchison Whampoa Ltd gets approval from a local court and shareholders to [...]
ChinaTel Gets $640m Cash Infusion For WiMax Network
Wireless Federation
$640 million in investments has been won by California-headquartered ChinaTel Group to back its plans to build Wimax networks in China. Excel Era Limited, Hong Kong Investment Company would take 36% stake in the company besides making an investment of $480 million.
Topics: China, ChinaTel, Google, Hong Kong, WiMax, wireless
Telefonica Raising Stake in China Unicom
Wireless Federation
Telefonica SA has revealed that it wants raise its current stake of 8.37% in China Unicom (Hong Kong) Ltd. According to Telefonica Chairman Cesar Alierta, the synergies with Telecom Italia SpA are working out very well, and that the company is satisfied with the current situation.
Topics: China, China Unicom, Hong Kong, telecom, Telefonica, [...]
