Get the free version of Marbridge Daily delivered to your inbox

Click here to subscribe

Far EasTone Acquires Beijing WVAS Firm

Sina Tech, 9/01/10

Taiwanese telecom operator Far EasTone plans to invest USD 7 mln in Yuan Dong Technology (BVI), indirectly acquiring a 55% stake in Beijing-based WVAS firm FarEastern New Century Information Technology, making Far EasTone the largest shareholder. Far EasTone spokeswoman Alison Kao said the deal marks Far EasTone's first acquisition in mainland China, connecting the two ICT industries on either side of the Taiwan Strait.

Keywords: foreign investment telecom wireless WVAS Far EasTone Taiwan M&A

« Prev Index Next »
Disclaimer

Feedback

Please note, all fields are required.
None of your personal information will be shared with third parties.

SendingSending

Disclaimer

The information contained in this newsletter is based upon sources that Marbridge Consulting believes to be reliable, and we have made every effort to translate the original articles or article excerpts as faithfully as possible. However, Marbridge Consulting makes no warranty of and assumes no legal responsibility for the accuracy of either the original source material or the English language translations.

Marbridge Daily Premium

Interested in gaining full access to all newsletter articles and the Marbridge Daily archive? To learn more about premium subscription options, including pricing, please:

Click here

Marbridge Consulting RSS Feed

Search

Search Marbridge Daily

Marbridge Reports

Baidu, Alibaba, Tencent, JD, & Xiaomi M&A Matrix - Q3 2018
Chinese Mobile Gaming Industry Matrix - Q3 2018