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China Mobile buys 20% stake in Pudong Bank (Digital Media Europe)

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(Telecompaper) China Mobile will buy a 20 percent stake in Shanghai Pudong Development Bank for a total cash consideration of CNY 39.80 billion. The company, through its subsidiary Guangdong Mobile, entered into an agreement with Pudong Bank to subscribe for 2.21 billion new shares in the bank, which will make China Mobile the second...
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China VoIP & Digital Telecom Subsidiary, Beijing PowerUnique Technologies, Wins Virtualization Project Bid for Peking … (redOrbit)

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JINAN, Shandong, China, March 10 /PRNewswire-Asia-FirstCall/ — Beijing PowerUnique Technologies Co., Ltd (“BPUT”), one of the wholly-owned subsidiaries of China VoIP & Digital Telecom (OTC Bulletin Board: CVDT), today announced that it has won the bid for the Peking University Third Hospital (“The Hospital”) virtualization project. (read the story…) Related items China VoIP & Digital Telecom Subsidiary,...
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China Crescent (CCTR), NuMobile (NUBL) and Nova (NVAE), Explore Huawei Telecom Alliance in Africa as Part of … (Marketwire)

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DALLAS, TX–(Marketwire – March 10, 2010) – China Crescent Enterprises, Inc. ( OTCBB : CCTR ), NuMobile, Inc. ( OTCBB : NUBL ) and Nova Energy, Inc. ( OTCBB : NVAE ) today announced plans to develop a partnership to market Huawei telecom solutions in Africa. The three Companies are participating in a sales...
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China VoIP & Digital Telecom Subsidiary, Beijing PowerUnique Technologies, Wins Virtualization Project Bid for Peking … (PR Newswire via Yahoo! Finance)

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Beijing PowerUnique Technologies Co., Ltd , one of the wholly-owned subsidiaries of China VoIP & Digital Telecom , today announced that it has won the bid for the Peking University Third Hospital virtualization project. (read the story…) Related items China VoIP & Digital Telecom Inc. Subsidiary Signs Virtualization Agreement with Huaneng Power International Inc. (PR Newswire via...
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Regulator warns it could block China Mobile bank deal (telecomasia.net)

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China’s state-owned assets regulator SASAC has signalled it could block China Mobile’s plan to buy into a state-owned bank. (read the story…) Related items FASTTAKES: MIIT, Google, China Mobile, China Telecom, Qualcomm, Huawei (telecomasia.net) China Mobile allowed to set up Taiwan subsidiary (AFP via Yahoo! Malaysia News) Pudong Development Bank to sell 20% stake to China Mobile: report (People’s...
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