Wednesday, January 11, 2006

India's MNTL Telecom Seeks Chinese Stake

A UPI newsbrief, via PhysOrg.com, reports that:

India's state-owned telecom MTNL is reportedly about to acquire equity in a Chinese telecom as part of its overall expansion strategy.

The identity of the Chinese company had not been revealed; however, the Hindu Business Line reported that it was set to launch third-generation telecommunications service in a potential market covering four Chinese provinces.

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