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China Mobile joins bidding war for HKBN
China Mobile offers to buy Hong Kong's HKBN in $882 million deal
China Mobile said on Monday it had offered to acquire HKBN in a deal valuing the Hong Kong-based broadband company at HK$6.86 billion ($882 million), as it looks to counter a move from a private equity firm.
China Mobile squares off with US$1 billion offer for HKBN to fend off I Squared Capital
China Mobile has received undertakings from Canada Pension Plan Investment Board and US private equity firm TPG, which hold a combined 25 per cent stake.
HKBN Shares Jump After China Mobile Makes $882 Million Offer
China Mobile Ltd. has made a takeover bid for Hong Kong broadband provider HKBN Ltd. valuing the company at about HK$6.86 billion ($882 million), pushing forward with a formal offer against the backdrop of a potential bidding war.
China Mobile offers to buy Hong Kong's HKBN in $882 mln deal
China Mobile said on Monday it had offered to acquire HKBN in a deal valuing the Hong Kong-based broadband company at HK$6.86 billion ($882 million), as it looks to counter a move from a private equity firm.
1h
on MSN
Chinese espionage campaign scooped up data on thousands of US mobile users: Sources
A Chinese espionage campaign scooped up data on hundreds of thousands of American mobile phone users, likely stealing ...
8h
Senators Warn the Pentagon: Get a Handle on China’s Telecom Hacking
In a letter to the Department of Defense, senators Ron Wyden and Eric Schmitt are calling for an investigation into fallout ...
RCR Wireless News
2d
China to end 2027 with 5G penetration of over 85%
As of September 2023, China has deployed approximately 4.09 million 5G base stations and recorded 981 million 5G mobile ...
Digi Times
23h
China sends warning to Biden and Trump with gallium and germanium export ban against US
China declared an export ban on these metals to the US, a retaliatory action following US President Joe Biden's ...
Interesting Engineering on MSN
3d
China’s 621 mph maglev train with 5G could tap Hyperloop idea that Elon Musk abandoned
Researchers in China are advancing the development of 621 mph vacuum-tube maglev trains, aiming to address the near-sonic ...
World Politics Review
11h
China Plays Its Cards in Tech War With U.S.
China announced today that it is banning exports of gallium, germanium, antimony and other key high-tech materials to the ...
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7d
China's mobile phone shipments up 1.8% in October
BEIJING - China's mobile phone shipments rose 1.8 percent year-on-year in October 2024 to over 29.67 million units, according ...
Business Wire
5d
China Passenger Car Mobile Phone Wireless Charging Research Report 2024: Over 80% of Automotive Mobile Phone Wireless Charging Modules have Obtained Qi 2.0 Certification ...
DUBLIN-- ( BUSINESS WIRE )--The "China Passenger Car Mobile Phone Wireless Charging Research Report, 2024" report has been added to ResearchAndMarkets.com's offering. In June 2024, the standard ...
17h
on MSN
China M&A transaction volume to bottom out this year, rise 15% in 2025: UBS
A rebound is on the cards for next year, according to Samson Lambert Lo, M&A co-head for Asia-Pacific at UBS, as lower ...
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