Unicom to buy back stake from SK Telecom
This is a discussion on Unicom to buy back stake from SK Telecom within the China News forum, part of the Doing Business in China category; China Unicom will buy back a stake held by SK Telecom for $1.3bn, with the South Korean shareholder exiting after ...
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Sep 27th, 2009, 09:20 PM
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Unicom to buy back stake from SK Telecom
China Unicom will buy back a stake held by SK Telecom for $1.3bn, with the South Korean shareholder exiting after China Unicom's move to boost its alliance with Spain's Telefonica.
Telefonica and SKT, South Korea’s biggest mobile carrier, were brought together as unusual bedfellows in China Unicom after an overhaul of the Chinese telecom industry early this year, which saw the country’s four main carriers reduced to three. More... |
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