Analysis Of Financing Patterns And The Choice Of Places Of China Netcom Cooperation

There is a deep relationship between the choice of financing patters and the places and the world economy environment to CNC, as well as the development of telecommunication. The rational choice of financing patters and financing places can improve capital structure and enlarge the company value.At present, the CNC need a great deal of funds. The improvement of Backbone, the upgrade of equipments, the promotion of the existing operation supporting system, the expansion of new business and new technique, the investment for 3G, the construction and maintenance of NGN networks, all operate with a great deal of funds. Therefore, financing is the key point of the development of the CNC. As also, the choice of financing patterns and financing places is very important, it could make CNC earn the biggest income with the minimum cost and the lowest risk.In this paper, we analyze the existing financing patterns and financing places of CNC. At first, we introduce the concept of financing, the financing patterns, the financing places, the concept and the theory of capital structure. Second, we analyze the financing patters and financing places of the CNC with four aspects, this part is the key point of the paper. Third, we describe the predominant telecommunication operators of china, their demands of funds and financing cases. At last, based on the actuality and the experiences, we discuss the choice of financing patters and financing places of CNC in future.