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ZTE to raise CNY 11.5 bln in share issue to fund 5G development

2020-01-16 09:10:00| Telecompaper Headlines

(Telecompaper) ZTE announced plans to raise CNY 11.5 billion (EUR 1.5 billion) in a share offering to help fund 5G research and development and working capital. The company plans to issue the shares to institutional investors. 

Tags: development share issue fund

Category:Telecommunications

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