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Wang Jianzhou to Visit Taiwan in Late Aug

Thu. July 30, 2009; Posted: 07:49 AM
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BEIJING, Jul 30, 2009 (SinoCast Daily Business Beat via COMTEX) -- CHT | Quote | Chart | News | PowerRating -- China Mobile Chairman and Chief Executive Officer Wang Jianzhou is to visit Taiwan in late August 2009, according to the Taiwanese media.

Wang will exchange opinions on 3G wireless Internet value-added services and culture originality with the board chairman of Chungwa Telecom Co., Ltd. (NYSE: CHT).

Chungwa Telecom actively seeks cooperation with China Mobile and China Telecom, noted the report, adding that the company will not rule out the possibility of making inroads into the Mainland China's communications market in accordance with related regulations. Thus, the two top executives are guessed to have further discussions about telecom industry cooperation between the mainland and Taiwan.

In addition, Wang will visit related regulators for the proposed investment in Far Eastone Telecommunications Co., Ltd., together with the board chairman and general manager of Far Eastone.

In April 2009, China Mobile agreed to spend USD 527 million or so buying a 12% stake in Taiwan-based mobile telecom operator Far EasTone.

Source: www.163.com (July 30, 2009)
For full details on Chunghwa Telecom Co Ltd (CHT) click here. Chunghwa Telecom Co Ltd (CHT) has Short Term PowerRatings of 4. Details on Chunghwa Telecom Co Ltd (CHT) Short Term PowerRatings is available at This Link.

    


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