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Tecom boosts its equity holdings in Vmax Telecom to over 44%

Irene Chen, Taipei; Steve Shen, DIGITIMES Asia 0

Taiwan-based telecom equipment maker Tecom has increased its equity investment in Vmax Telecom, a licensed WiMAX operator, to a total of NT$436 million (US$13.5 million). The company now holds a 44.25% stake in the WiMAX operator, according to a company...

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