, the smallest of the country's three carriers,
reversed losses to rise 4 percent on Wednesday after it said it
would acquire the 3G assets of its parent company, a move
analysts said would reduce the carrier's costs over time.
Tuesday, August 21, 2012
China Telecom shares reverse losses after 3G acquisition announcement
HONG KONG, Aug 22 (Reuters) - Shares of China Telecom
, the smallest of the country's three carriers,
reversed losses to rise 4 percent on Wednesday after it said it
would acquire the 3G assets of its parent company, a move
analysts said would reduce the carrier's costs over time. 
, the smallest of the country's three carriers,
reversed losses to rise 4 percent on Wednesday after it said it
would acquire the 3G assets of its parent company, a move
analysts said would reduce the carrier's costs over time.
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