Friday, January 23, 2015

China Telecom Considers México Investment

by Murry Page
22 Jan 15
mazmessenger.com

Reuters has reported that China Telecom, the third largest telecommunications company in China, is studying a possible investment in México.

The spokesperson for the China Telecom Corporation Ltd. subsidiary did not comment directly on Reuters’ report but said that its parent company China Telecom was doing a preliminary study on an investment opportunity in México.

Reuters, citing sources, said that China Telecom is looking for local partners to form a consortium to build and operate a mobile broadband network, a project which has already secured several billion dollars of financing from banks under Chinese control.

This announcement follows AT&T’s entry into México’s mobile telephone market.

(from Reuters)

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