Monday, December 5, 2016

ZTE buys 48 pct Netas for $101 mln, eyes expansion in Turkey

HONG KONG, Dec 6 (Reuters) - Chinese telecoms equipment

group ZTE Corp said on Tuesday it will buy

48.04 percent of Turkish systems integration provider Netas

Telekomunikasyon A.S. for $101.3 million to help it

expand in Turkey.

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