Montnets Cloud Technology Group's (SHE:002123) unit, Shenzhen Mengwang Technology Development, signed a cooperation agreement with China Mobile (SHA:600941, HKG:0941) unit China Mobile Internet, the company said in a Friday filing on the Shenzhen Stock Exchange.
Montnets Cloud Technology will provide China Mobile Internet coverage and other technical services for vivo mobile phone terminal manufacturers for two years, the Chinese cloud communication services provider said.
Shares of the company closed more than 4% higher.
Price (HKD): $7.34, Change: $+0.29, Percent Change: +4.11%
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