Citic Telecom boosted by Macau acquisition

Shares in Citic Telecom rise in response to its $1.16 billion deal to buy CTM in Macau.

<div style="text-align: left;"> CTM has close to 500,000 mobile customers in Macau </div>

Nick Ferguson

January 16, 2013

Investors have reacted positively to Citic Telecom’s acquisition of Macau’s only full-service telecoms company, CTM.

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