Examples of China Netcom Group in a sentence
Included in other receivables as at 30 June 2002 are amounts due from the China Telecommunications Corporation ("China Telecom") and its subsidiaries (collectively the "China Telecom Group") and China Netcom Corporation ("China Netcom") and its subsidiaries (collectively the "China Netcom Group") totalling RMB147,000,000 (at 31 December 2001: RMB108,000,000), representing primarily interconnection income receivables.
Included in accounts payable as at 30 June 2002 are amounts due to China Telecom Group and China Netcom Group totalling RMB1,766,000,000 (at 31 December 2001: RMB1,725,000,000), representing primarily payables for leased lines and interconnection expenses.
Included in accounts payable as at 30 June 2003 are amounts due to China Telecom Group and China Netcom Group totalling RMB2,248,000,000 (At 31 December 2002: RMB2,119,000,000), representing primarily payables for leased lines and interconnection expenses.
China Netcom Group will also assume an amount of RMB3,000 million of net indebtedness upon completion of the Disposal.
The Target BVI Company is the sole beneficial owner of China Netcom Group New Horizon Communications Corporation Limited ( ) (the “Target Company” and shall, in each case if the context so requires, include any predecessor entity or person carrying on its business, whether before or after the Restructuring).
CNC China Is a wholly-owned subsidiary of China Netcom Group Corporation (Hong Kong) Limited (“CNC HK”).
The Board announces that as part of the Company’s integration with Netcom, on 15 October 2008, the Company entered into an agreement with three of its wholly-owned subsidiaries, namely (i) Netcom; (ii) China United Network Communications Corporation Limited ( ) (formerly known as China Unicom Corporation Limited ( )) (“CUCL”) and (iii) China Netcom (Group) Company Limited ( ) (“CNC China”), pursuant to which CUCL will merge with, and absorb, CNC China.
China Netcom Group will assume an aggregate principal amount of RMB3,000 million of debt which is due and owing from the Guangdong and Shanghai branches of the Group to independent third parties upon completion of the Disposal.
All of the ordinary shares owned by the five PRC Shareholders are registered in the name of China Netcom Group Corporation (BVI) Limited, or CNC BVI, which holds such ordinary shares in trust for each of the five PRC Shareholders.
Effective as of April 1, 2007, the Parties agree not to observe Article 6.1 of the Domestic Interconnection Settlement Agreement among Netcom Group, CNC China and China Netcom Group New Horizon Communications Corporation, dated September 12, 2005, where it is provided that the price is RMB 0.09/minute if domestic long distance calls are terminated in networks other than in those of Netcom Group and its operating companies.