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COPYRIGHT 2004 Asia Pulse Pty Ltd
Business in Asia on Oct 22, 2004. A summary prepared by Asia Pulse (http://www.asiapulse.com), the real-time, Asia-based wire with exclusive news, market intelligence and business opportunities:
INDIA'S BSNL TO INVEST US$2.18 BLN FOR EXPANSION OF CELL NETWORK
NEW DELHI - India's state-run BSNL has announced that over the next few months it will complete the proposed expansion of network of 15 million lines with an investment of Rs 100 billion(US$2.18 billion). Demand for its cellular services is growing and there is a shortage of SIM cards in some locations, with the company adding 600,000 new subscribers every month, according to BSNL CMD AK Sinha. He said that in some areas the roll-out plans are already being implemented, adding that BSNL has floated a tender for the network expansion.
JAPANESE AUTOPARTS MAKERS CONTINUE SHIFT TO CHINA
TOKYO - Japan's leading autoparts makers are accelerating their operations in China in the belief that the country's market will grow over the longer term. Koito Mfg. Co. (TSE:7276) will invest 6 billion yen (US$55.7 million) in building a new Shanghai factory...
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