Telefónica To Sell China Unicom Stake

Telefónica agreed to sell a 4.56% stake in China Unicom to its parent company for about €1.13 billion.

Topics:  china unicom   telefónica   sell   stake   
BING NEWS:
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    China Unicom, the country’s second largest mobile operator in terms of subscribers, has saved more than CNY2 billion (USD295 million) in CAPEX this year, as a result of its network sharing agreement with rival operator China Telecom. According to Mobile ...
    11/7/2016 - 10:30 pm | View Link
  • China Telcos Orphaned As Telefonica Dumps Unicom
    Bottom line: Telefonica’s sell-down ... to profit from China’s huge, but highly protected telecom market. That’s my latest assessment following word that Spain’s Telefonica (NYSE:TEF) is further selling down its stake in China Unicom (NYSE:CHU ...
    11/11/2014 - 3:22 am | View Link
  • China Unicom: Telefonica To Sell Shares, Not A Statement Against Unicom
    Spanish telecom giant Telefonica (TEF) is seeking to sell its 2.5% stake in China Unicom (0762.HK/CHU) for up to $865 million, The Wall Street Journal reported. Telefonica is selling its China Unicom shares for 11.14 Hong Kong dollars to 11.34 each, a 1.2 ...
    11/10/2014 - 7:41 am | View Link
  • Telefonica To Sell Shares Of China Unicom For $1.4B
    Telefonica SA (NYSE: TEF), Europe's largest telecommunications operator by revenue, will sell part of its stake in China Unicom (NYSE: CHU) for $1.4 billion to reduce debt as the eurozone debt crisis stresses Europe's economy and corporations based there.
    06/10/2012 - 11:37 pm | View Link
  • Telefonica Plans Unicom Sale, Reduces China Presence
    China Unicom said in an announcement today that its second-largest shareholder, Telefonica, plans to sell more than a billion shares of the company's stock back to the Chinese carrier's parent company. The move comes just 17 months after the two companies ...
    06/10/2012 - 9:26 pm | View Link
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BING SEARCH:
  • China Unicom
    China United Network Communications Group Co., Ltd. China United Network Communications Limited China Unicom (Hong Kong) Limited
    12/1/2016 - 1:06 am | View Website
  • Telefónica
    Telefónica, S.A. (Spanish pronunciation: [teleˈfonika]) is a Spanish multinational broadband and telecommunications provider with operations in Europe, Asia, and ...
    11/30/2016 - 7:22 pm | View Website
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