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Tuesday, 01/28/2003 7:39:24 AM

Tuesday, January 28, 2003 7:39:24 AM

Post# of 432774
China Mobile Fears Nothing about CDMA



RELATED SYMBOLS: (CHU)

HONG KONG, Jan 28, 2003 (SinoCast via COMTEX) -- According to local Hong Kong
media, Wang Xiaochu, chairman of board of China Mobile, says China Unicom's CDMA
has not affected China Mobile.

In addition, he says that the issue of 3G may be later than expectations. And
the company issued corporate bonds for consecutive two years, the total
financing volume of the bonds refreshed the record. And this year's bonds
issuing will depend on the company's financial situation.

China Mobile issued the corporate bonds on October 28, 2002, the bonds include
five-year bonds and 15-year bonds, the issue volume of five-year bonds is RMB 3
billion, and the 15-year bonds is RMB 5 billion. The yearly interest of the
bonds is 4.5%, with AAA certification. The bonds has been listed in the Shanghai
Securities, listing volume is RMB 4.56 million, RMB 1.24 for five-year bonds,
and RMB 3.31 million for 15-year bonds.


From Source: CCID page 1, Monday, January 27, 2003
info@SinoCast.Com

Copyright (C) 2003 SinoCast, All rights reserved

-0-


KEYWORD: HONG KONG
INDUSTRY KEYWORD: Marketing
Investment
SUBJECT CODE: Computers, Telecom and Information Technology

(Wall Street)





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