UniCom net is connected amalgamative obtain will be born the earliest on October 15 through new UniCom

September 27, 2008

On September 17 message, chinese UniCom and China appear on the market telegraphicly the company held shareholder plenary meeting at 16 days at the same time, passed concerned UniCom and net to connect respectively amalgamative those who reach Chinese telecommunication to buy UniCom CDMA business and network is second reading, if the net connected repass of shareholder plenary meeting on September 17 relevant and second reading and Hong Kong couplet hands in place to also be approved, the legal procedure that predicts new on October 14 UniCom is born is whole broom, new UniCom will be born the earliest on October 15.

UniCom partner 100% hold with

On September 16, inc. of Chinese combination communication (UniCom A company) with Chinese UniCom Inc. (UniCom is red prepare a company) announce formally, the UniCom A that ends in this days company temporarily shareholder plenary meeting and UniCom are red prepare company shareholder on special plenary meeting, approval company sells CDMA business gives China telegraphic Inc. (Chinese telegraphic) , approved at the same time tell a group with Chinese net (Hong Kong) limited company (Chinese net is connected) those who incorporate is second reading.

It is reported, this days morning, chinese UniCom is in Shenzhen 5 continent guesthouse was held temporarily shareholder plenary meeting, right afore-mentioned second reading make the spot vote.

The announcement that according to Chinese UniCom 16 days of evening issue, attendant partner delegate was passed entirely afore-mentioned second reading.

Will approve finally on October 14

According to Chinese UniCom announcement, plenary meeting of this second shareholder passed 10 actually second reading, among them the most important is two: It is with China the net is connected amalgamative; Another sell CDMA business gives China telecommunication namely. The others is amalgamative trading means, trade of mark, trade the price, trade price pattern or basis.

Additional, uniCom shareholder plenary meeting passed UniCom more the name offers, uniCom is red prepare company general more the name combines a network to correspond for ” China (Hong Kong) Inc. ” .

Chinese UniCom expresses, what connect with Chinese net is amalgamative trade to still remain special plenary meeting approves the forensic meeting that Chinese net told on September 17 and shareholder. Final, amalgamative trade to still need to get the listen dispatch October 14 approves Hong Kong high court.

Predict inside course of study, new UniCom most antedate to will be born on October 15. Nevertheless, specific it when hang out his shingle is clear still to when hang out his shingle.

Sell C net place obtains capital to will be used at G net and 3G

Chinese UniCom expresses, in trade after finishing, chinese UniCom sells the capital of CDMA business income will be used at developing network of 3G of GSM business, construction, promote the competition of the company actual strength.

Before this, chinese UniCom already expressed, will be in bright hind invest net of WCDMA of 100 billion construction two years. Chinese UniCom has been in since last year energetically the GSM network with enlarge existing look.

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