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China: Telco merger seen as unlikely

By  |  February 15, 2015

Rumors abounded this week that China Telecom and China Unicom would merge, with China Mobile also linking up with national cable TV operator China Radio and Television Network to tackle surplus capacity in the telecoms industry.

The reports claim China Unicom is going to merge with rival China Telecom.

Chinese authorities are dismissing online suggestions that an imminent merger between two of the country’s leading telecom operators is in the works.

The Ministry of Industry and Information Technology, as well as all the companies involved, have denied the reports.

Full Content: Forbes

 

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