Gehua's Joint Venture To Expand Broadband Value-Added Services
Beijing Gehua CATV Network Company says that it will set up a joint venture company with Liberty Global and PRC Venture Partners LLC to jointly expand broadband data value-added services.
According to a framework agreement signed among the parties, the initial investment for the new company will be no less than RMB200 million, with Gehua taking 51% of the stake and Liberty Global and PRC Venture Partners the... [end of article on ChinaTechNews]
Source : Chinatechnews
