China Telecom will purchase wireless network China Unicom

On informal data, Chinese telecommunication company China Telecom and its parent state company will acquire a network of plural access with the code division, belonging China Unicom, for the sum more than in 100 mlrd yuans ($14 mlrd), informs CNews referring to RBC.

As adviser China Unicom acts American Lehman Brothers, and adviser China Telecom - Swiss UBS.


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