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Technology Stocks : China Unicom (CHU)

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To: stomper who wrote (60)10/18/2000 10:42:38 AM
From: ms.smartest.person   of 80
 
China Unicom (0762-HK) sister firm gets fixed-line licence

210.176.154.39

16:19 18-OCT-2000
China Unicom's parent company, China Unicom (BVI) Limited said that its subsidiary, China Unicom International Ltd has been granted the Cable-based External FTNS licence by The Office of the Telecommunications Authority (OFTA).

China Unicom International Ltd and OFTA signed a letter of intent in February to set up a fibre-optic network across China and Hong Kong.

The installation has since been completed.

It will commence telecom services tomorrow.
(End)
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