None of China’s biggest telecommunications network operators - China Mobile, China Unicom and China Telecom - were active in cross-border mergers and acquisitions last year, but analysts say that could change in 2016 as eye international expansion. Photo: Reuters

Chinese firms spend record US$61 billion on outbound M&As in 2015 focusing on tech, entertainment, financial services and property

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None of China’s biggest telecommunications network operators - China Mobile, China Unicom and China Telecom - were active in cross-border mergers and acquisitions last year, but analysts say that could change in 2016 as eye international expansion. Photo: Reuters
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