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Title:
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Udenna-China Telecom deal may prompt more Chinese firms to enter Philippines
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Author:
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Denise Valdez
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Source:
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Business World
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Date:
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April 29, 2019
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Description:
- THE $5.4-billion deal signed last week by Udenna Corp. and subsidiary Chelsea Logistics Holdings Corp. with China Telecommunications Corp. for a telecommunications joint venture may prompt more Chinese firms to pour investments in the Philippines.