China Unicom, Spain's Telefonica expand alliance with $1B share … – News1130.com

BEIJING – Spanish phone company Telefonica SA and China Unicom Ltd., one of China’s three main state-owned carriers, say they will expand a strategic alliance and buy $1 billion worth of each other’s shares. The companies said they will co-operate in …

Read the whole story here: China Unicom, Spain's Telefonica expand alliance with $1B share … – News1130.com

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