Three Chinese telecom players to merge infrastructure assets into single JV firm

Three Chinese telecom players to merge infrastructure assets into single JV firm

Smoggy sunset in Beijing,China. Credit:Flickr/Mike Behnken

The mainland Chinese telecommunication sector is seeing consolidation with the three largest telecommunications conglomerates reaching an agreement to sell their industry network assets to a new joint venture, China Tower Corp, in a deal worth approximately $36 billion.

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