PRC network provider sells 49% stake

    September 09, 2010 | BY

    clpstaff &clp articles

    Citic 1616 Holdings, a hub-based value-added services provider to Asia's telecoms operators, has acquired a 49% stake in PRC virtual private network…

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    Citic 1616 Holdings, a hub-based value-added services provider to Asia's telecoms operators, has acquired a 49% stake in PRC virtual private network provider China Enterprise Communications (CEC) for HK$258.4 million