Rumour: China Telecom interested in Unicom's CDMA network

10 Aug 2006

According to the Ming Pao Daily News and the Hong Kong Economic Journal, China Telecom is interested in buying China Unicom’s CDMA network to give it access to the booming wireless segment. Speculation has surfaced sporadically over the past year that China’s top telecoms operators – China Telecom, China Mobile, China Unicom and China Netcom – are on the verge of a major asset reshuffle as part of a wider government restructuring agenda. Rumours suggest that Beijing could opt to split Unicom, the smaller of the country’s two cellular operators, and merge its CDMA network with Netcom, while its larger GSM network would go to China Telecom.