BRIEF-China Mobile Says Unit And China Tower Agreed On Supplementary Provisions To Commercial Pricing Agreement
Feb 1 (Reuters) - China Mobile Ltd:
* REFERS TO COMMERCIAL PRICING IN RELATION TO LEASE OF TELECOMMUNICATIONS TOWERS AND RELATED ASSETS FROM CHINA TOWER CORP
* PARTIES UNANIMOUSLY AGREED ON SUPPLEMENTARY PROVISIONS TO COMMERCIAL PRICING AGREEMENT
* ENTERING SUPPLEMENTARY AGREEMENT WITH CHINA TOWER TO ENABLE CO TO LOWER EXPENSES OF UTILIZING TELECOMMUNICATIONS TOWERS IN FUTURE
* TERM OF AGREEMENT SHALL BE FIVE YEARS, EFFECTIVE FROM 1 JAN 2018 AND EXPIRING ON 31 DEC 2022
* ADJUSTED PRODUCT CATALOGUE AND PRICING SHALL BE EFFECTIVE FROM 1 JANUARY 2018 Source text for Eikon: Further company coverage: