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1310 — HKBN News Story

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China Mobile buys over 14% stake in HKBN for $138 million

Aug 4 (Reuters) - China Mobile, the world's biggest wireless carrier by users, said on Monday it had acquired a 14.4% stake in Hong Kong-based broadband service provider HKBN 1310.HK for HK$1.08 billion ($137.58 million).

($1 = 7.8499 Hong Kong dollars)

 (Reporting by Rajasik Mukherjee; Editing by Subhranshu Sahu)

 ((Rajasik.Mukherjee@thomsonreuters.com;))

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