Weibo, the official mobile information magazine, announced the merger of China Telecom and China Unicom on June 1 1. On the afternoon of June 12, China Unicom's share price went up by a daily limit.
For this matter, some media called the China Telecom Press Office and got the reply: "China Telecom has not received relevant news." Song Guixiang, director of China Telecom Press Office, said that there is nothing happening in China Telecom at present, please check with SASAC or relevant departments. On the other hand, China Unicom said it had not heard the above statement from government officials and the company, and declined to comment. Zhang Xuan, general manager of China Mobile's comprehensive department, said that he had not received any information from relevant parties and would check with a higher level.
Yesterday, Weibo, the official of mobile information magazine, said that China Telecom will merge with China Unicom, and the serious overcapacity in the information industry is the main reason for the restructuring of the telecommunications industry.
The news also revealed that Sichuan Mobile and Sichuan Radio and Television Network have merged in disguise. The radio and television network business hall in Chengdu has been basically changed into a "love home" business hall, which is actually a mobile business hall, mainly engaged in mobile business, and the radio and television business has been very few.