Bell Canada International Agrees to Invest US$159 Million to Acquire 23.6 per cent of Hansol PCS - Deal is First Major Foreign Investment in Korean Telecom Market.

Extract


Bell Canada International Agrees to Invest US$159 Million to Acquire 23.6 per cent of Hansol PCS - Deal is First Major Foreign Investment in Korean Telecom Market.

MONTREAL--(BUSINESS WIRE)--Aug. 18, 1998--BCI (NASDAQ:BCICF) (ME:BI.) (TSE:BI.) (NASDAQ:BCICF) Bell Canada International Inc. (BCI) has agreed to acquire approximately 23.6 per cent of Hansol PCS Co. Ltd. (Hansol) for 210 billion Won (US$159 milli...

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