CITIC Telecom International Holdings (HK:1883) has released an update.
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CITIC Telecom International Holdings has entered into a three-year Marketing Services Agreement between its subsidiaries, CPC and CEC. Under this agreement, CPC will provide marketing and promotional services to CEC, with service fees based on a percentage of sales and costs. This move is part of CITIC’s strategy to leverage its subsidiaries’ strengths in marketing and sales to enhance CEC’s market presence.
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