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RACAL ELECTRONICS TO FLOAT RACAL TELECOMMUNICATIONS

The Racal Electronics Plc board has formally approved the proposed flotation of Racal Telecommunications, which is likely to take place between July and October: jewel in the new firm’s crown will of course be the Vodafone cellular telephone business, still adding subscribers at a rate of over 2,000 a week, and is now claiming more than 165,000.

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CBR Staff Writer

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