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Strategies & Market Trends : China Telecom Ltd (CHL) -- Ignore unavailable to you. Want to Upgrade?

To: Clean who wrote (121)	1/25/1999 9:09:00 PM
From: Julius Wong	Read Replies (1) \| Respond to of 149

Clean: Please see Post #118. I don't have new information. Julius

To: Clean who wrote (121)	6/21/1999 5:56:00 PM
From: RealMuLan	Read Replies (1) \| Respond to of 149

<<any idea on what this means in terms of CHL ADR shares?>> I am not sure what does it mean for ADR shares. But in terms of future growth, that means the day of one-company monopoly will be gone. For so long, Chinese customers have to swallow the sky-high, fixed phone charge, especially international phone calls, and also Internet access. This split, if it is real, will be a good start for some competition. So the margin will decrease, I guess. Although I am not sure how the shares will work out, like spin-off? Good luck.