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Hong Kong: China Telecom's Hong Kong arm plans to buy six more provincial networks from its state-owned parent for 46 billion yuan - $5.558 billion - News map: Asian telecoms this month - Brief Article

Telecom Asia, Dec, 2003

Hong Kong: China Telecom's Hong Kong arm plans to buy six more provincial networks from its state-owned parent for 46 billion yuan ($5,558 billion), including about 34 billion yuan in debt, which is expected to lift the company's profitability.

COPYRIGHT 2003 Advanstar Communications, Inc.
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