
China Telecom considers overseas acquisitions

China Telecom is considering opportunities for overseas acquisitions and is in talks with three Indian telecommunications firms to establish a cable connection between China and India. China Telecom is awaiting approval from the Indian government to establish a representative office in New Delhi, the Wall Street Journal writes citing Deng Xiao Feng, chairman and chief executive of China Telecom's Hong Kong-based international arm. The company is currently cooperating with Bharti Airtel, Reliance Communications, and Tata Communications to establish a cable connection over land between the countries. The company will further "closely examine" opportunities to expand through acquisition in Asia Pacific.
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