Vee Telecom raises VMAX stake to 72.43%

摘要

Vee Telecom, which is based in the south of Taiwan, has raised its stake in rival WiMAX firm VMAX Telecom to 72.43%, paving the way for a full merger. Vee has acquired a 38.96% stake from Tecom, a Taiwanese equipment vendor, and a further 33.47% stake from local cellco Vibo Telecom, paying TWD2.70 (USD0.09) per share.