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ZTE plans share issue to help fund 5G R&D

Thursday 1 February 2018 | 14:54 CET | News
ZTE announced plans for a capital increase of up to CNY 13 billion (EUR 1.66 billion) to help fund its research and development for 5G mobile networks. The non-public issue to no more than ten institutional investors  is equal to around 16 percent of its existing share capital. 

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Categories: Mobile & Wireless
Companies: ZTE
Countries: World
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