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Chinese telecom supplier signs Indian JV

Posted: 24 Nov 2006  Print Version  Bookmark and Share Subscribe

Keywords: ZTE  MCorpGlobal  telecom  telecom equipment  radio equipment 

[Summary of tips] Rebuffed by the government in its efforts to enter the Indian market on its own, ZTE Corp. has signed a joint venture deal with India's MCorpGlobal.India's Foreign Investment Promotion Board rejected ZTE's applications to increase the Chinese telecom supplier's equity investment in its Indian subsidiary. ZTE sought to import te......
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