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CAT’s board want to move ahead with Hutchison purchase

TeleGeography, citing a report in The Nation, notes that the board of CAT Telecom early this week gave the green light to sign a memorandum of understanding with Hutchison Telecommunications International Ltd (HTIL) concerning CAT’s plan to buy network assets and related businesses from their Thai joint venture, Hutchison CAT Wireless Multimedia (HCWM).