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China Mobile May Acquire 20% Stake In Malaysian Carrier

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China Mobile is reportedly negotiating with Axiata Group Bhd, a leading mobile operator in Malaysia, to acquire a 20% stake in the Malaysian firm. Calculating with Axiata's latest closing price, China Mobile needs to pay about USD3.7 billion for the 20% stake. So far, the two parties have not yet reached any agreement, according to […]

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