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Byline: Shu-Ching Jean Chen in Hong Kong
Deutsche Telekom AG's dispute over a Malaysian mobile operator it partly owns reached the boiling point after the German telecom pulled its board members and ended operating agreements with the company.
Deutsche Telekom's Asia arm, DeTe Asia Pte Ltd., is in arbitration over the value of its investment in Celcom (Malaysia) Berhad, Malaysia's second-largest mobile operator.
That became an issue after Malaysia state-owned Telekom Malaysia Berhad agreed to buy Celcom for M$3.7 billion ($973.6 million) in December 2002. The merger, which Deutsche Telekom opposed, triggered the German company's contractual right to …