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Re: cksla post# 342

Wednesday, 08/25/2004 2:14:06 PM

Wednesday, August 25, 2004 2:14:06 PM

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China Netcom International Corporation Ltd. (hereafter CNC International), a subsidiary of China Network Communications Group Corporation (CNC), provides international telecom services. CNC International consolidates the international assets, networks, businesses, and personnel of CNC and China Netcom (Holdings) Co., Ltd. (CNC Holdings). With China Network Northern Communications Co., Ltd. (CNC North) and China Network Southern Communications Co., Ltd. (CNC South), these are the three major subsidiaries of CNC.

Incorporated on November 6, 2003, CNC International becomes CNC's exclusive one-stop shop for international services; and centrally manages CNC's international network infrastructure and businesses. It is the entity to execute CNC's "go-out" strategy and to form joint ventures and partnerships with foreign companies.

In addition to the international systems and overseas subsidiaries owned by CNC and CNC Holdings, CNC International consolidates all the network assets of CNC, the subsidiaries in ten northern provinces, and CNC Holdings that support international services. Such supporting infrastructure and resources includes international gateways, interconnect resources, border stations, landing stations of submarine cables, and terrestrial extensions. These combine with CNC International resources and Points of Presence (POPs) outside of China to provide a reliable, one-stop, international solution.

CNC International operates its international network infrastructure inside and outside of China; offers comprehensive services to international carriers and enterprises outside of China. These services include: data services that originate outside China and terminate inside China; international inbound voice; data services that originate inside China and terminate outside China; and international outbound voice settlement.

CNC International commits to fully implement modern governance, management processes and systems. Key staff and management team have been selected from CNC, Beijing Communications Corporation, and CNC Holdings.

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