China Netcom CEO Plans To Leave And Work For Venture Fund

February 28, 2006
Rumors are swirling that Edward Tian, CEO of China Netcom (CN), plans to leave the company to head a new venture fund.

Local media report that Tian will lead a Chinese broadband services fund that could be financed by Rupert Murdoch and Hong Kong’s PCCW.

No specific departure date has been determined and officials at Netcom have not made any comment.

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