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Microcap & Penny Stocks : Globalstar Telecommunications Limited GSAT -- Ignore unavailable to you. Want to Upgrade?

To: djane who wrote (3284)	3/5/1999 10:35:00 PM
From: djane	Read Replies (2) \| Respond to of 29987

China Telecom Chairman to Move to Unicom, Apple Says totaltele.com By Biddy Chan at Bloomberg News 05 March 1999 Shi Cuiming, chairman of Hong Kong-listed China Telecom (H.K.) Ltd., will be transferred to the firm's main competitor, China Unicom, the Apple Daily newspaper reported, citing the nation's Ministry of Information Industry. China also plans to transfer two senior ministry officials to Unicom. China will also complete the division of the China Telecom Group, the nation's dominant phone company and parent of China Telecom (H.K.), into four separate entities for paging, fixed-line, mobile and satellite services within the year, the paper said. China wants to strengthen the competitiveness of its two telecom operators, China Telecom and China Unicom, before the nation opens its telecom market to foreign competition.