Portugal Telecom Sees Macao as '\'China foothold'\'
World IT Report, Oct 17, 2004
Portugal Telecom is eyeing a move into the fast-growing telecom market in China's mainland by using Macao as a foothold.
Portugal Telecom executive chairman Miguel Horta e Costa met with heads of China's two powerful mobile service providers, China Mobile and China Unicom during his recent tour to Beijing, Hong Kong and Macao. In the Asian region, Portugal Telecom has the biggest presence in Macao by holding a 28 percent stake in CTM, Macao's public telecom operator, which offers fixed, mobile and Internet services. - (World IT Report.com)
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