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Rumor: China Unicom, China Telecom to Merge
Sina Tech, 2/12/15
According to a rumor on Chinese microblogging platform Weibo (Nasdaq: WB), China Telecom (NYSE: CHA; 0728.HK) and China Unicom (NYSE: CHU; 0762.HK; 600050.SH) will merge, as will China Mobile (NYSE: CHL; 0941.HK) and national cable TV operator China Radio and Television Network as part of efforts to tackle surplus capacity in the telecoms industry. Read More
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