Articles tagged with: Kt and U Mobile

KT Freetel Sells Stake in Malaysian Subsidiary

South Korea's kt Freetel is to sell its 16.5% stake in Malaysian mobile network operator, U Mobile for at least RM 360 million (US$100 million) to avoid losses on its investment. Bloomberg news reported that he company said in a regulatory filing that the sale of 62.6 million shares will go to U Mobile's major shareholder, U Television Sdn Bhd.  more

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