, the smallest of the country's three carriers,
plans to pay more than 120 billion yuan ($19 billion) for its
parent's 3G assets, a price that tops their book value, two
sources familiar with the matter said.
Friday, August 3, 2012
China Telecom to buy parent's 3G assets for over $19 bln-sources
HONG KONG, Aug 3 (Reuters) - China Telecom Corp Ltd
, the smallest of the country's three carriers,
plans to pay more than 120 billion yuan ($19 billion) for its
parent's 3G assets, a price that tops their book value, two
sources familiar with the matter said. 
, the smallest of the country's three carriers,
plans to pay more than 120 billion yuan ($19 billion) for its
parent's 3G assets, a price that tops their book value, two
sources familiar with the matter said.
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