Is China Telecom's acquisition a certainty?

The acquisition of this enterprise is not true.

20211/China Telecom Group Company formally signed a cooperation agreement with Nail to jointly develop "Tianyi Nail".

China Telecom employees and ecological partners will take the lead in using "Tianyi Nail" to realize the digital upgrade of organization and business. The two sides will also integrate superior resources and capabilities to provide digital solutions for government and enterprise customers.

In addition to internal promotion, China Telecom will also provide customized digital solutions for industries and application scenarios based on "Tianyi Nail". Relying on the core competence of comprehensive opening up, services include industrial manufacturing, education and medical care, smart government affairs, digital villages, smart communities and other fields, and further promote the accelerated upgrading of industrial digitalization.