Telecom consolidation hopes spur share rise
By Fan Feifei | China Daily | Updated: 2015-11-06 08:06
Regulator swears by reforms and says it is aware of the situation
Shares of telecom companies surged on Thursday after the industry regulator reiterated its commitment to further reforms in the sector.
The Ministry of Industry and Information Technology, however, did not confirm reports about the planned consolidation of telecom companies.
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