(Bloomberg) -- China Mobile Communications Corp., parent of the world's largest wireless operator by market value, plans to acquire companies in Africa and Southeast Asia to boost subscriber revenue.
``We are interested in neighboring countries in Southeast Asia and some other emerging markets like those in Africa,'' Wang Jianzhou, president of the Beijing-based company, said in an interview yesterday at the Boao Forum on the southern Chinese island of Hainan. He declined to identify companies or say if an acquisition was likely this year.
Read more at Bloomberg Currencies News
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