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Topic: China Netcom


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In the News (Wed 2 Dec 09)

  
  China Netcom denies merger talks
Talk of industry restructuring has persisted for years and run the gamut from rumours that Netcom would combine forces with Unicom, to speculation that Unicom would be split and hived off to fixed-line rivals sporadic hints of which have moved the carriers' stocks in the past year.
Netcom shares were up more than 4 per cent in early afternoon trade, outperforming a 1.2 per cent gain in the index of Hong Kong-listed mainland firms.
Netcom and bigger rival China Telecom are looking to non-voice services such as broadband Internet and Internet television to drive growth.
www.chinadaily.com.cn /bizchina/2006-12/06/content_751726_2.htm   (275 words)

  
 CNN.com - AGC 'still a stretch' for China Netcom - May 29, 2002
China Netcom, the product of a recent deregulation by the Beijing government, may want to route traffic over the fiber-optic network of the company.
China Netcom serves the north, including Beijing, but its fixed-line assets are worth less than those in the industrial south, controlled by China Telecom.
Other sources tell CNN that China Netcom is likely interested in viewing the books of the telecommunications company and may still walk away from any deal.
archives.cnn.com /2002/BUSINESS/asia/05/29/hk.chinanetcom   (638 words)

  
 - China Netcom to expand wireless broadband access - Internet Business News
China Network Communications Group Corp. (China Netcom), China's second-largest fixed-line operator, plans to offer wireless broadband services in one more Chinese province, while simultaneously expanding coverage in the three other provinces where the service is currently available, network equipment vendor Alvarion Ltd. said Tuesday.
China Netcom first began rolling out broadband wireless services during October last year in 10 cities: eight in Sichuan province and one each in Zhejiang province and Jiangsu province, according to Alvarion, of Tel Aviv, Israel.
China Telecom, which is the largest provider of broadband Internet services in China, expects ADSL to continue to be the primary means of providing broadband Internet services in China, Tian said.
www.thestandard.com /article.php?story=20040929143848204   (429 words)

  
 Competitors depress income at Netcom - Marketplace by Bloomberg - International Herald Tribune
China Netcom and its bigger rival China Telecom are struggling to add users as more people turn to cellphones.
In October, China Netcom completed the purchase from China Network Communications Group of networks in the northern provinces of Heilongjiang, Jilin, Shanxi and Inner Mongolia for 12.8 billion yuan.
Netcom shares fell 3 percent to 13.82 Hong Kong dollars at the close in Hong Kong after the 7.7 percent decline in profit was announced.
www.iht.com /articles/2006/08/23/bloomberg/sxnetcom.php   (490 words)

  
 China Netcom chooses AVS for IPTV
China Netcom, one of China's major wireline telecom companies, plans to fully implement a domestically developed codec in its fledgling IPTV network.
China is running IPTV trial in five cities, one of which uses AVS while the other four use the more popular H.264.
Netcom, which is controlled by the government, said it will convert from H.264 to AVS as soon as the codec finishes testing.
www.eetasia.com /ART_8800441110_590626_b3540af8200611.HTM   (388 words)

  
 China Netcom - Wikipedia, the free encyclopedia
China Netcom, full name China Netcom Group Corporation (Hong Kong) Limited, abbreviated CNC, was originally formed in August 1999 by the People's Republic of China government to enable inward investments to build high speed Internet communications in the country.
It is widely seen as the number two fixed-line operator in China after China Telecom, and operates a semi-mobile PAS or xiaolingtong system.
Fortunately for Netcom, with the backing of Jiang's son, the Chinese government broke up the China Telecom monopoly and granted Netcom a third of China Telecom's assets.
en.wikipedia.org /wiki/China_Netcom   (362 words)

  
 China Netcom expects 3G license
China's government may issue its first high-speed wireless license within six months, an executive said, opening up a market with more subscribers than the combined populations of the U.S. and Japan.
China is the world's largest mobile market by users, with 431.8 million subscribers at the end of July, government figures showed.
Zuo, 55, joined China Netcom in July 2004 as senior vice president and was promoted to chief operating officer in December 2005.
www.chinadaily.com.cn /bizchina/2006-08/24/content_673519.htm   (345 words)

  
 CNN.com - Shakeup as China splits phones into four - January 9, 2002
The move, first reported in state-run China Daily newspaper, is part of an effort to overhaul the phone industry, boosting competition and giving consumers better service.
China is the world's largest mobile market, with about 140 million subscribers.
Though China's new licenses were expected, the prospect of greater competition has sent the stocks of China Mobile and China Unicom reeling.
archives.cnn.com /2002/BUSINESS/asia/01/09/china.telecoms/index.html   (500 words)

  
 Telecommunications: The Data Communications Market Opens Up
China Netcom is seeking to offer its customers an end-to-end solution that is not dependent, at any stage, on services provided by its competitors.
China Telecom's Internet backbone is also the most extensive in China, and the company has some 953,000 km of fiber-optic cables crisscrossing the country.
China Netcom's private placement was a major turning point in the fundraising strategies of China Telecom operators.
www.chinabusinessreview.com /public/0105/dean.html   (2763 words)

  
 AsiaMedia :: CHINA: Netcom concerned at PCCW's future
China Netcom Group's concerns came as Mr Li dismissed speculation that the mainland telecoms giant, which holds 20 per cent of PCCW, wants him off the board.
Rejecting suggestions that his relationship with China Netcom Group had deteriorated since the blocking of the sale, Mr Li insisted it was "OK" and said the mainland company could not force him off the PCCW board.
China Netcom Group bought 20 per cent of PCCW from PCRD in January 2005 at HK$5.90 per share.
www.asiamedia.ucla.edu /article.asp?parentid=58931   (1628 words)

  
 China Netcom Group Corporation (Hong Kong) Limited
We are a leading fixed-line telecommunications operator in China and a leading international data communications operator in the Asia-Pacific region.
We are also the only telecommunications company in China that operates an extensive network and offers international data services in the Asia-Pacific region.
"China Netcom Group": China Network Communications Group Corporation (中国网络通信集团公司), a state-owned enterprise established under the laws of the PRC and the ultimate controlling shareholder of our Company, and its subsidiaries.
www.china-netcom.com /english/aboutcnc/index.htm   (408 words)

  
 The InfoTech 100 Companies: China Netcom Group (Hong Kong) Profile
In May, China Netcom's popular longtime Chief Executive Officer Edward Tian resigned citing "personal reasons." And on June 5, China Netcom announced it was selling its unprofitable undersea cable company Asia Netcom for $169 million.
China Netcom Group Corporation (Hong Kong) Limited provides fixed-line telephone services, broadband and other Internet-related services, and business and data communications services in the Asia-Pacific region.
China Netcom Group Corporation (Hong Kong) is a subsidiary of China Network Communications Group.
www.businessweek.com /it100/2006/21.htm   (428 words)

  
 Chinese Telecom Company Prepares For $1.5 Billion IPO - News by InformationWeek
China Netcom, the country's second-largest telephone operator, plans to list its shares on markets in New York and Hong Kong.
China Netcom has networks in six provinces and cities in northern China, operations in Shanghai and Guangdong, a nationwide broadband business and an overseas network it bought last year from Asia Global Crossing.
China Netcom was formed by a government restructuring of the former state phone monopoly that set up two competing corporations: China Netcom Group in the north and China Telecom in the south.
informationweek.com /story/showArticle.jhtml?articleID=26100397   (476 words)

  
 China Netcom Selects InnoMedia's MTA 3328 Broadband VoIP CPE Devices for Commercial Launch
China Netcom is deploying broadband services over its optical Ethernet and cable networks across China.
China Netcom Corporation Ltd. (www.cnc.net.cn) was founded in August 1999, by the Chinese Academy of Sciences ("CAS"), the State Administration of Radio, Film and Television ("SARFT"), the Ministry of Railways ("MOR"), and the Shanghai Municipal Government.
To date, China Netcom has completed the first phase construction of CNCNet, a national backbone currently with 12,000km of fiber optic routes and 40G overall bandwidth.
www.innomedia.com /pressroom/releases/china_netcom.htm   (932 words)

  
 China Netcom to pick 20% in PCCW for $1bn - The Economic Times   (Site not responding. Last check: 2007-10-09)
China Netcom Group, the smallest but most internationally ambitious of China’s four big telecoms groups, is paying a 25.5% premium to PCCW’s share price for the stake.
China Netcom Group may eventually want to take over PCCW, which justifies the high price it is paying.
China Netcom Group, parent of Hong Kong and New York-listed China Netcom, said it’s buying 1.34bn new shares in PCCW for HK$5.9 apiece — compared with its closing price of HK$4.70 on Wednesday.
economictimes.indiatimes.com /articleshow/996843.cms   (358 words)

  
 Analysts Bullish on China Netcom (CN) - SeekingAlpha
Analysts Bullish on China Netcom (CN) - SeekingAlpha
One is Hong Kong-based China Netcom Group (CN), whose American depositary receipts now trade on the Big Board at 34, says David Riedel of Riedel Research Group, which specializes in foreign stocks.
Netcom is the top provider of fixed-line phones in 10 Chinese provinces, but its stock has slumped to 33 since hitting a 52-week high of 40 in mid-May. Nonetheless, growing demand for broadband DSL could energize Netcom's sales and earnings this year and next, says David So of Standard & Poor's (MHP).
china.seekingalpha.com /article/11893   (332 words)

  
 China Netcom Shares Hit Year-High - Forbes.com   (Site not responding. Last check: 2007-10-09)
China Netcom and the country's other fixed-line telecommunications carrier, China Telecom Corp. (nyse: CHA - news - people), said Tuesday that they expect the Chinese government to issue the long-awaited third-generation cell phone licenses soon.
Chinese telecom stocks were trading higher on Tuesday, and on Wednesday American Depositary Shares of China Netcom gained $2.33, or 5.6 percent, to $43.73 in afternoon trading on the New York Stock Exchange.
American Depositary Shares of China Telecom, which jumped nearly 14 percent on Tuesday and hit a year-high in intraday trading, slid $1.63, or 3.2 percent, to $50.13 on the NYSE Wednesday.
www.forbes.com /feeds/ap/2006/12/06/ap3233257.html   (422 words)

  
 Asiaweek.com | China Netcom's Big Connection | 11/02/2001
China Netcom, the state-owned Internet infrastructure company he founded two years ago, today looks set to inherit half of China Telecom — the world's largest fixed-line telephone company, in terms of number of subscribers.
China's announcement that its telecom monopoly will be split in half is a first step toward preparing the sector for foreign competition after China joins the World Trade Organization later this year.
Its revenues for the first half of 2001 are estimated at $21.8 million, a fraction of the $3.3 billion brought in by the 10 northern China Telecom operations.
www.pathfinder.com /asiaweek/magazine/dateline/0,8782,181179,00.html   (906 words)

  
 Even Without a PCCW Acquisition, China Netcom Should Continue to Have a Strong Upside (CN) - SeekingAlpha
We would still be buyers of China Netcom (CN), which we see as a very inexpensive play on growth in Internet use in China.
But actually Asia Netcom has experienced loss since CN acquired it, for example, Asia Netcom suffered a loss of USD45 mn in 2005.
All information of these activities came from the reputable China Business News and was confirmed by middle managers of both Netcom and Unicom, not merely hearsay.
china.seekingalpha.com /article/13627   (1413 words)

  
 Techworld.com - Mobility & Wireless News - China Netcom pays £540m for fifth stake of PCCW
China Netcom, China's second-largest teleco, is buying a 20 percent stake in Hong Kong's dominant operator, PCCW.
If approved, China Netcom will help shape the future strategy of the company, the two companies said in a statement.
China Netcom will nominate three directors to join PCCW's board of directors and one of those directors will also become a deputy chairman.
www.techworld.com /mobility/news/index.cfm?newsid=2981   (812 words)

  
 China Netcom takes stake in Hong Kong's PCCW: Internet News from The Industry Standard
China Network Communications Group Corp. (China Netcom), China's second-largest fixed-line telecommunications carrier, will buy a 20 percent stake in Hong Kong's dominant fixed-line operator, PCCW Ltd., the companies said in a joint statement on Thursday.
The deal between PCCW and China Netcom is subject to the approval of PCCW's shareholders.
If the deal is approved by shareholders, China Netcom will be an active investor in PCCW and help shape the future strategy of the company, the two companies said in the statement.
www.thestandard.com /internetnews/000854.php   (552 words)

  
 AsiaMedia :: HONG KONG: Macquarie in PCCW talks with China Netcom
But Macquarie is believed to have begun discussions with 20 per cent PCCW shareholder China Netcom on the possibility of an alliance.
China Netcom has a subsidiary listed on the Hong Kong Stock Exchange but is ultimately owned by the Chinese Government.
China Netcom made it clear it did not want these assets hived off or owned by foreigners.
www.asiamedia.ucla.edu /article.asp?parentid=49015   (520 words)

  
 China Netcom's IPO Raises $1.2 Billion Global Finance - Find Articles
China Netcom, Chinas second-biggest fixed-line phone company, raised $1.2 billion in an initial public offering of shares in Hong Kong and American depositary receipts in New York.
It provides telecom services in China's northern provinces and is expanding into the lucrative areas of Shanghai and Guangdong, which are now served primarily by China Telecom.
China Netcom is a leading international data communications operator in the Asia-Pacific region.
www.findarticles.com /p/articles/mi_qa3715/is_200501/ai_n9469245   (438 words)

  
 TheChinaInvestor.org - China Business Information Authority
Our database of major Chinese companies, with in-depth coverage of 500 of the China's top business enterprises, is at the core of our business tools and services that customers find vital to investment in China and business operations in China.
The China Investor Forum 2006" will be held in Pasadena Hilton Hotel on Oct. 3rd, 2006, check for details....
BEIJING, Dec. 12 (InfoChina) – China Life Insurance (LFC.NYSE, 2628.HK) announced on December 12 that it may not transfer the 20 percent equity in Guangdong Development Bank (GDB) in the next three years but it is allowed to sell the equity to qualified wholly-owned units.
www.thechinainvestor.org   (412 words)

  
 China Netcom to incorporate China Telecom business World IT Report - Find Articles   (Site not responding. Last check: 2007-10-09)
Founded in 1999 as the third alternative telecom provider, China Netcom operates a wide-scale fiber optic network and has been focusing its business on leased-line and data transmission.
It is not clear why Netcom has been chosen to "inherit" such massive business, or even how it will be able to handle it.
However, between the two options, the second option seems to make more sense for Netcom, since it would be gaining new business in its field of expertise.
findarticles.com /p/articles/mi_qn4175/is_20030409/ai_n12927693   (279 words)

  
 Wang Hai Loses China Netcom Lawsuit - ChinaCSR.com   (Site not responding. Last check: 2007-10-09)
Wang Hai accused China Netcom of discriminating against non-Beijing residents by asking for a prepaid fee from them for fixed-line phone installations.
China Netcom says that because of the constant flow of migrant workers, it is difficult to collect telephone fees, so advance payment is necessary to protect the company's interests.
Filled with information covering labor, health, law, environment, and consumer issues in China, the China CSR magazine is your source for news, tips, and rumors that can drive your business in China to new heights.
www.chinacsr.com /2005/09/05/wang-hai-loses-china-netcom-lawsuit   (693 words)

  
 China Netcom to expand wireless broadband access - Network World
China Network Communications Group, China's second-largest fixed-line operator, plans to offer wireless broadband services in one more Chinese province, while simultaneously expanding coverage in the three other provinces where the service is currently available, network equipment vendor Alvarion said Tuesday.
China Netcom plans to begin offering 3.5 GHz wireless broadband services in Hunan province, while expanding coverage to additional sites in Zhejiang province, Sichuan province and Jiangsu province, Alvarion said.
The deal with China Netcom was made by Alvarion partner Beijing Siemens Communication Network (BSCN), which has struck deals with other operators in China to provide wireless broadband access using Alvarion's equipment.
www.networkworld.com /news/2004/0929chinanetco.html   (808 words)

  
 PRESS RELEASE PacificNet YueShen Announces Distribution Agreement With China Netcom on XiaoLingTong/PHS Mobile Phone ...   (Site not responding. Last check: 2007-10-09)
Shandong is one of China's largest provinces and represents a significant opportunity for PacificNet to offer telecom services.
Cao ZhiJun, Deputy Director of China Netcom Shandong Laiyang Branch, stated: "We are delighted to form this partnership to have PacificNet YueShen as Netcom's designated distributor.
China Netcom (NYSE: CN) (www.chinanetcom.com.cn/en/index.asp), is one of the four major telecom carriers in China, which includes fixed line, data, Internet, and the XiaoLingTong wireless system.
www.marketwire.com /mw/release_html_b1?release_id=76861   (455 words)

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