PCCW sells subsidiary TTN to Taiwan Mobile (Taiwan)
June 15, 2007
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Hong Kong-based PCCW has reportedly agreed to sell its 62 per cent-owned ISP subsidiary, Taiwan Telecommunication Network (TTN), to Taiwan Mobile for HK$217 million.
Taiwan Mobile, which aims to develop its converged digital services portfolio, seeks to acquire 100 per cent stake in the Taiwanbased TTN, which specialises in valueadded network services.
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