Insufficient For VIBO To Rely On 3GJune 2012 | Company News Alert
VIBO Telecom announced during a shareholders meeting in mid-June that its 2012 operations are unlikely to cover the cumulative operating losses of the previous years. Given that it has largely divested its interest in Taiwan's WiMAX industry, the operator can only depend on its 3G operations to turn its business around. However, VIBO Telecom could participate in the 4G auctions and secure spectrum for LTE services.
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