Netcom, PCCW's takeover offer for the shares of target is the development of broadband IPTV.

Tian served as the official after PCCW Deputy Chairman, Netcom, and PCCW's cooperation program finally began to emerge. .Yesterday, the reporter learned from the Hong Kong-listed China Netcom, PCCW is planning to acquire China Netcom Group, a subsidiary of China Netcom Broadband stake --- and nationwide broadband coverage through the Netcom network resources in China, including joint network transmission, value-added .services, broadband content services. .Insider, PCCW shares Netcom Broadband, the main objective is the development of broadband video services (iptv). .Netcom, PCCW intends to help users and network resources to its operations in Hong Kong's broadband video services (now) experience, copy to the Mainland market. .It is understood that PCCW may be through the purchase of 49% stake in China Netcom Broadband, fixed-line business in the Mainland, the two parties for the first time open up. .Jack So, PCCW Deputy Chairman and Managing Director of PCCW in the March 31 conference, has revealed that PCCW and Netcom's broadband services will initially be locked in 6 southern cities, including Hangzhou, Ningbo, Wenzhou, Chongqing, Yangzhou and .Chengdu. .Netcom, who declined to be named, said insiders, in fact, at present China Netcom International, both subsidiaries of China Netcom Broadband Basic service has been temporarily stalled, which is waiting for PCCW to China Netcom Group and the restructuring of two subsidiaries .resolution. .Previously published in the annual report PCCW, PCCW and China Netcom announced that it has set up working groups to actively explore the broadband video, real estate, yellow pages business, international cooperation, cooperation in specific matters, many of them co-operation agreement has been reached ., just waiting for the Mainland regulations and the approval of relevant departments can be carried out. .In addition, China Netcom has started to Hu Jia Lou, Chaoyang District, located in prime locations of the room to PCCW, to develop luxury, and this area of 9 square meters of land, as a prime location in the cbd, is generally considered .have greater value for development. .(Xinhua Liu Qi Xin Yuan.