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BOCO Inter-Telecom (600289.SH) has announced that on June 30 IBM's China unit purchased 5.9172 mln shares in BOCO Inter-Telecom from Chinese telecom solutions and security software developer's parent company, BOCO Group, for RMB 50 mln. Read More
Although the State Council has only passed a program for implementation of next-generation wireless mobile communications networks, many in the investment sector are interpreting this as approval for 3G implementation, leading to a jump in share prices for 3G firms. Read More