Bottom line: Unicom's mixed-ownership reform plan could prove a dud if it chooses too many partners, which looks likely based on the latest reports.
I haven't written for a while about a highly anticipated plan to inject some new life into perennial laggard telco China Unicom (HKEx: 762; NYSE; CHU) through a Beijing-led pilot program, even as reports build that an announcement of the mixed-ownership plan are imminent. Those repor...
Bottom line: Alibaba's potential new partnership with China's rail operator could become a major new business opportunity, and could see the pair sign a strategic equity tie-up within the next year.
Up until now, I've written about China's mixed-ownership reform program mostly in the context of China Unicom (HKEx: 762; NYSE: CHU), the nation's second largest wireless carrier, which is in the final stages of drafting a plan to sell some ...