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Rumor: China Mobile Abandons MTL Purchase
21st Century Business Herald, 5/14/08
Responding to recent rumors in the marketplace that India's Bharti Airtel planned to go up against China Mobile (NYSE: CHL; 0941.HK) for control of a USD 19 bln, 51% controlling stake in South African operator MTN, a source close to China Mobile says that China Mobile's overseas strategy is focused on cost control. Read More
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