FET arranges stake investment in CNS via buying corporate bonds

Far EasTone Telecommunications (FET) on July 30 announced it will subscribe to 7-year unsecured corporate bonds at a fixed annual interest of 3% worth up to NT$17.12 billion (US$546 million), paving the way to acquiring a major stake in China Networks Systems (CNS), the largest cable TV MSO in the Taiwan market.

from DIGITIMES: IT news from Asia http://ift.tt/1eFkB7U
via Yuichun