Bollocksbook | Blog | obtained confirmation from the multi-information

?How can we own core business for sale?? Yesterday, Changfeng Communication Group Co., Ltd. (000892.SZ) Chairman Hu Yidong of ?First Financial Daily? reporters, said the company does not sell its Internet cafes and other services, But he immediately added, ?However, if the price is good, you can sell.?

At the same time, on the sale of core business Changfeng Cheap Jordan Shoes Communication rumors have been rumors in the industry for some time. Hu Yidong, said the company has publicly denied this.

Debate on the core business for sale

Yesterday, the largest shareholder of Changfeng Communication Excellence Investments Limited Beijing Office initiative to call a woman surnamed Zhao said to reporters, the sale of the company?s broadband business news is rumors. She said that currently the company has sent a lawyer?s letter to the media.

Nevertheless, the reporter obtained confirmation from the multi-information, or display, Changfeng Communications has sold its broadband business.

In mid-July, sources said, and Chongqing Changfeng Communication is the secret contact with the major telecom operators, and intends to sell its broadband business. At that time, Chongqing Telecom, China Unicom Chongqing, Chongqing Netcom concerned are said Changfeng Communication in June in their contact. The source, Changfeng Communication intends to cooperate out of business mainly in the area of individual users, enterprises Cheap Jordan Shoes and users and some Internet cafes customers, most all the major operators are interested in Internet cafe customers.

July 19, Changfeng Communication, a management source said the sale of the company?s broadband residential Internet users, Internet cafes customers, enterprises and large customers. Changfeng sold in business communications, Internet cafes and other services offer customers in more than 20 million yuan,Cheap Jordans cafe customers and large customers (business customers) are mainly sold to China Telecom, part of the individual users and residential broadband services sold to China Netcom. Another news source has revealed that its ?Internet cafes to the telecommunications, individual users to the CNC.?

Yesterday, this reporter to verify the rumors related to, the Chongqing Branch of China Telecom, China Netcom Chongqing Branch of the responsible person is not denied.

In this regard, Hu Yidong said, with the cooperation of several telecom operators is the development of the cooperation of the user to conduct more business. He said the company?s future plans ?in the original business to add more business content.?

The source also said the sale of broadband services Changfeng Communication, on the one hand and deep guaranteed circle, their debt crises, and the other is to make a transition to IPTV (Internet digital television). It is reported that in the Changfeng Communication is expected to be related to the strategic plan announced in August.

In addition, several investment bankers in Chongqing, told buy Jordan Shoes reporters that the investment bank is entrusted with the acquisition of Changfeng broadband communications and video services. Broadband, broadband and video business is Changfeng several major core communications business.

Debt restructuring is

April 28, Changfeng Communication issued profit warning announcement, said the company expected first half loss.

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