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UPDATE 1-Sistema unit in high-tech JV with China's ZTE

Reuters | June 16, 2011 | Alexei Anishchuk and Maria Kiselyova

MOSCOW, June 16 (Reuters) – Russian holding company Sistema’s (SSAq.L) high-tech unit and Chinese telecoms equipment producer ZTE will set up a joint venture to make innovative products, Sistema said on Thursday.

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