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Taiwan market: Vee TIME proposes buyout of fellow WiMAX operator Vmax

Chloe Yu, Taipei; Adam Hwang, DIGITIMES Asia 0

Vee TIME, a WiMAX operator in southern Taiwan, has proposed a 100% buy-out of Vmax Telecom, a fellow company operating in northern Taiwan, at NT$1.45 billion (US$49.2 million), with the proposal being examined by the National Communications Commission...

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