Article: China Mobile Hong Kong buys networks.

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 ...

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