China Tower files for Hong Kong IPO worth possible USD 10 bln

Telecom Industry NewsComments are off for this post.

You Are Here:China Tower files for Hong Kong IPO worth possible USD 10 bln

(Telecompaper) China Tower, a mobile infrastructure operator owned by the state, has filed for an initial public offering of shares in Hong Kong. China Mobile has a 38 percent stake in China Tower, with China Unicom and China Telecom each holding around 28 percent and China Reform Holdings, a state-owned investment fund, owning 6 percent. The three carriers pay leasing fees to use China Tower’s facilities.
Source: Industry News (syndicated from Telecompaper.com)

Top