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Telefonica and China Unicom swap stock

Despite the poor precedents for global alliances, Telefónica is to increase its holding in China Unicom to just above 8%. More significantly, the Chinese company will take a 0.9% stake in Telefónica - the first Chinese stake in a European telco... ...full story at Engaging China

from Engaging China on Thu, Sep 10 2009

see also:

06 Jul 07 visit MySpace Tv. China Netcom y Telefónica.  »  YouTube videoMySpace se adentra en el mundo de los vídeos desafiando al gigante YouTube. Telefónica y China Netcom inauguran un servicio conjunto de atención telefónica en castellano, chino, inglés y portugués.
07 Sep 09 visit China Unicom,Telefonica agree on $1 bln shares swap  »  People's Daily China Unicom (Hong Kong) Ltd. Said Sunday that it signed a deal with Telefonica, the Spanish telecom operator, to enhance their alliance by spending 1 billion U.S. dollars each on share purchase. China Unicom would acquire shares equal to about...
05 Jul 07 visit EU fines Spanish telecoms operator Telefonica  »  People's Daily The European Commission on Wednesday announced a 151-million-euro antitrust fine against Spanish telecoms operator Telefonica. The hefty fine was imposed since Telefonica committed a "very serious abuse" of its dominant position in the ...
03 Jun 08 visit China Unicom, China Netcom announce multi-billion-dollar merger  »  People's Daily China's telecommunications giants China Unicom and China Netcom, both listed on the Hong Kong stock exchange, announced Monday each share of Netcom will be exchanged for 1.508 Unicom shares in a proposed merger. The exchange rate wa ...
30 Sep 09 visit China Unicom to sell iPhones  »  People's Daily China Unicom, the No 2 mobile phone service operator in the country by number of subscribers, said on Monday that it would start selling the iPhone in China from next month. Experts said the high package fees that China Unicom requires may thwart the...
02 Jun 08 visit China Unicom to give merger details today  »  People's Daily China Unicom Ltd and China Netcom Group Corp will hold a joint briefing today to announce details of the merger between the telecom giants. China Unicom, the country's second biggest mobile-phone company, will give details of the me ...

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