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Stock impact report

Why A China Unicom - China Telecom Merger Remains Unlikely [Forbes]

CHINA UNICOM (CHU) 
Company Research Source: Forbes
Signage for China Unicom Ltd. is displayed outside a store in Shanghai, China. Photographer: Qilai Shen/Bloomberg Reports of a merger between China Unicom and China Telecom resurfaced last month, with Bloomberg reporting that the Chinese government was exploring a potential merger of the nation’s second- and third-largest wireless carriers. A potential deal is expected to be driven primarily by the country’s ambitions of dominating the next-generation 5G mobile networks, which are currently being deployed in the U.S. While both companies indicated that they were not aware of a merger, with Bloomberg also indicating that a merger was far from certain, it could be helpful to look at what a potential could mean for the carriers and the broader Chinese wireless industry. Our interactive dashboard analysis on the outlook for China Telecom over 2018 details our expectations for the carrier for the rest of this year. You can modify any of our key for Show less Read more
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