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

Keywords :   


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.� [ more ]

Tags: development share issue fund

Category:Telecommunications

Latest from this category

All news
»
25.03The Home Depot Announces Exclusive KILZ Brand Agreement
25.03Maxcess International Europe Announces Leadership Transition
25.03Packaged meats, fresh pork propel Smithfield Foods profits forward
25.03ALTANA Achieves Double-Digit Growth in 2024
25.03EWC\'s Treat Brightening Ingrown Hair Wipes Wins 2025 NewBeauty Award
25.03Oasis sale 'may have misled fans' says watchdog
25.03Freudenberg Performance Materials Appoints CFO
25.03Boosting of rural veterinary workforce needs to be priority
More »