China Unicom: Talks with strategic investors ongoing


Share trading in China Unicom

BEIJING: Telecommunications operator China United Network Communications said it is still in talks with potential strategic investors and has not yet signed any binding agreements.

Reuters reported last Friday that Baidu Inc and JD.com would join other big Chinese technology firms, including Tencent Holdings, to jointly invest about US$12bil into the company, a Shanghai-listed unit of state-owned carrier China Unicom.

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