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240 China Unicom Employees to Move to China Telecom

Tuesday, June 24, 2008; Posted: 04:35 AM
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BEIJING, Jun 24, 2008 (SinoCast China IT Watch via COMTEX) -- CHU | Quote | Chart | News | PowerRating -- About 240 employees at China Unicom headquarters, accounting for 29.3% of the total, will move to China Telecom, amid the country's telecom industry regrouping, persons in the know disclosed on June 23, 2008.

They are mainly employees at departments for CDMA network operation, value-added services, plan construction, network construction, technologies, and maintenance.

In addition, China Unicom and China Telecom have jointly set up a working team to finish affirming CDMA network assets before the end of July. Provincial branches of the two telecom operators will also commence preparations from June 25 for spinning off and new integrating of the CDMA network.

Now, China Telecom is adjusting its current structures, planning to set up four new departments, namely include individual user division, mobile service division, wireless network optimizing center and terminal operating unit, for the CDMA business that it will take over from China Unicom.

By May 31, China Unicom had 43.15 million CDMA users in total, including 1.226 million newly added ones in 2008.

From www.enet.com.cn, Page 1, Monday, June 23, 2008 info@SinoCast.com

For full details on China Unicom Ltd Ads (CHU) click here. China Unicom Ltd Ads (CHU) has Short Term PowerRatings of 8. Details on China Unicom Ltd Ads (CHU) Short Term PowerRatings is available at This Link.
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