NCC Retains Ban on Chinese Investment in Type I Telecoms

Artist : Mrs. Chuan-Day Hsieeh Yu The biggest news regarding the Taiwanese telecommunications market to break in 2009 was the strategic cooperation agreement reached between local carrier Far EasTone Telecommunications and Chinese telecommunications giant China Mobile. In a transaction worth approximately NT$17.77 billion (US$533 million), China Mobile planned to acquire over 444 million new shares …

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