In Brief: SK Telecom denies China Unicom buy

June 7, 2006

South Korean wireless provider SK Telecom Wednesday denied a published report it was about to acquire a stake in China Unicom.

An unidentified company official told the Korea Times that while SK was interested in expanding its presence in China, there had been no talks on China Unicom.

SK Telecom has had an eye on China due to saturation of the Korean market.

The Financial Times said Tuesday SK Telecom planned to buy 10 percent of state-owned China Unicom for about $1.1 billion.

China Unicom is one of two major wireless operators on the mainland with about 105 million subscribers.

Rate this story - not rated yet

rank
1
2
3
4
5

view popular

Other News

New 'finFETs' promising for smaller transistors, more powerful chips

Technology / Semiconductors

13 hours ago | 4.9 / 5 (10) | 2

(PhysOrg.com) -- Purdue University researchers are making progress in developing a new type of transistor that uses a finlike structure instead of the conventional flat design, possibly enabling engineers ...

Hydrogen milestone moves energy independence one step forward

Technology / Energy

11 hours ago | 3.9 / 5 (7) | 1

(PhysOrg.com) -- Big things often come in small packages. That's certainly the case with the potential created by recent successes in hydrogen research at Idaho National Laboratory.

The user-pays model is already in place at News Corp's Wall Street Journal

News Corp's Murdoch warns he may block Google

Technology / Internet

22 hours ago | 2 / 5 (5) | 7

Global media mogul Rupert Murdoch has accused Google of stealing from his News Corp. empire, and warned he may block the search engine from accessing its content.

New search technique for images and videos has broad applications

Technology / Computer Sciences

11 hours ago | 5 / 5 (5) | 0

(PhysOrg.com) -- Engineers at the University of California, Santa Cruz, have developed a powerful new approach to a fundamental problem in computer vision: how to program a computer to recognize or categorize ...

Google says its news approach is "fully consistent with copyright law"

Google says Murdoch stories can be taken off

Technology / Internet

14 hours ago | 1 / 5 (2) | 1

Google said on Tuesday, in response to threats by Rupert Murdoch to ban the search engine from listing content from his news empire, that any company could ask to have stories taken off. ...