|
|
Article: China Mobile Hong Kong buys networks.
- Article from:
- RCR Wireless News
- Article date:
- October 9, 2000
CopyrightCOPYRIGHT 2000 Crain Communications, Inc. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
|
HONG KONG--China Mobile Hong Kong is buying seven mobilephone networks from China Mobile Communications, its parent company, for about US$33 billion. China Mobile Hong Kong will sell US$2.5 billion of shares to Vodafone Group plc to help pay for the acquisition, giving Vodafone a strategic stake in the Hong Kong carrier.
International press reports said China Mobile Hong Kong, listed on the Hang Seng ...