Roberto Abraham Scaruffi: China Unicom to Buy China Netcom

Tuesday, 3 June 2008

China Unicom to Buy China Netcom

June 2, 2008 -- 11:12 a.m. EDT
China Unicom to Buy China Netcom
China revealed details of its telecom-industry restructuring, with China Unicom buying China Netcom in a $24 billion share swap.