Valued asset: People walk past a sign of China Tower Corp at an expo in Beijing. While the world’s largest telecom tower service provider didn’t give a fund-raising target or proposed timing of the sale in its filing dated Monday, the IPO may raise about US10bil. — Reuters
HONG KONG: China Tower Corp, the state-owned wireless infrastructure operator, filed for an initial public offering in Hong Kong that could match the city’s biggest since 2010.
While the world’s largest telecom tower service provider didn’t give a fund-raising target or proposed timing of the sale in its filing dated Monday, the IPO may raise about US$10bil, people with knowledge of the matter said last June.
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