皇冠体育app

皇冠体育app Telecom, the larger of the country's two fixed-line service providers, has agreed to pay 5.56 billion yuan ($792.27 million) for Beijing Telecom, a subsidiary of its state parent's.

The listed firm said on Monday the acquisition would allow it to enhance its overall competitiveness while, crucially, benefitting from increased telecoms demand during the Beijing Olympic Games, which kick off this August.