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(From South China Morning Post)
Byline: Ben Kwok and Sophie Taylor
China Mobile hopes to accelerate earnings growth this year after acquiring the last remaining networks of its parent in a deal worth US$4.11 billion.
The mainland's largest mobile-phone carrier yesterday said it would pay US$3.65 billion in exchange for 10 provincial networks and assume up to $469 million in debt.
The proposed transaction would give China Mobile an additional 24.5 million subscribers, bringing its total to 166 million and giving it a presence in 31 provinces.
But the absence of fresh acquisition targets could weigh on the company, as the mobile …