China: Datang Mobile Gets Huge Loan To Finance TD-SCDMA
Li Sanlin, a spokesperson from Datang Telecom, has told local media that Datang just received a RMB300 million bank loan from the China Development Bank, the largest single bank loan ever offered by the bank.
China Development Bank says that the combined RMB800 million loan is provided to Datang to help it with its self-developed projects, particularly TD-SCDMA.
posted by Fergie @ 12/29/2005 09:00:00 AM
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