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Citic Telecom Buys 79% of Macau Phone Operator for $1.16 Billion

2013-01-13 17:17:03| IT Services - Topix.net

Citic Telecom International Holdings Ltd., controlled by China's biggest state-owned investment company, will buy 79 percent of a Macau phone operator for $1.16 billion to expand in Greater China.

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