China Telecom transfers towers, assets to China Tower

Monday 2 November 2015 | 15:35 CET | News
China Telecom has announced it has transferred its telecommunications towers and related assets to China Tower. On 14 October, China Mobile, China Unicom and China Telecom have agreed to transfer their tower assets to their joint venture company called China Tower. In exchange, they receive a combination of shares in China Tower and cash.

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Categories: Mobile & Wireless
Companies: China Mobile / China Telecom / China Unicom / Unicom
Countries: China
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