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Taiwan market: TWM to obtain 14.9% stake in Ambit

Irene Chen, Taipei; Adam Hwang, DIGITIMES Asia Friday 26 September 2014 0

Taiwan-based 4G mobile communication licenseeTaiwan Mobile (TWM) has announced it will invest NT$2.98 billion (US$99.3 million) to acquire a 14.9% stake in another 4G licensee Ambit Microsystems, and acquire 4G frequency band 728-733MHz (for upload)...

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