In Brief: SK Telecom denies China Unicom buy

June 7, 2006

South Korean wireless provider SK Telecom Wednesday denied a published report it was about to acquire a stake in China Unicom.

An unidentified company official told the Korea Times that while SK was interested in expanding its presence in China, there had been no talks on China Unicom.

SK Telecom has had an eye on China due to saturation of the Korean market.

The Financial Times said Tuesday SK Telecom planned to buy 10 percent of state-owned China Unicom for about $1.1 billion.

China Unicom is one of two major wireless operators on the mainland with about 105 million subscribers.

Copyright 2006 by United Press International

Explore further: China probes telecom giants for internet monopoly

Related Stories

China probes telecom giants for internet monopoly

November 9, 2011

A Chinese government agency is investigating two telecommunications giants for allegedly monopolising Internet broadband services, state media said Wednesday, in an unusual public spat.

China broadband to get faster, cheaper

December 2, 2011

Two government-owned Chinese telecom firms said Friday they would raise the speed of their broadband services while lowering their costs over the next five years, state-run media reported.

China Unicom 2012 profit jumps by two-thirds (Update)

March 21, 2013

China Unicom Ltd., the country's second biggest mobile phone company by subscribers, said Thursday that 2012 profit jumped by more than two-thirds as revenue from third-generation mobile services surged despite stiff competition.

iPhones everywhere in China ahead of launch

October 28, 2009

At a Shanghai electronics market, row after row of iPhones -- real and fake -- are on display, as vendors cash in ahead of the official launch this week of Apple's trendy smart phone in China.

Recommended for you

New method analyzes corn kernel characteristics

November 17, 2017

An ear of corn averages about 800 kernels. A traditional field method to estimate the number of kernels on the ear is to manually count the number of rows and multiply by the number of kernels in one length of the ear. With ...

Optically tunable microwave antennas for 5G applications

November 16, 2017

Multiband tunable antennas are a critical part of many communication and radar systems. New research by engineers at the University of Bristol has shown significant advances in antennas by using optically induced plasmas ...

0 comments

Please sign in to add a comment. Registration is free, and takes less than a minute. Read more

Click here to reset your password.
Sign in to get notified via email when new comments are made.