M&A & Investments HKBN has reportedly rejected China Mobile’s acquisition bid, of $670 million (HKD 5.23 billion), made in December 2024 for the Hong Kong operator. The price is felt to be too low, according to Reuters. NTT Docomo is acquiring a majority stake in SBI Sumishin Net Bank, paying $1.61 billion for a 66% share, as it hopes to expand into online banking to catch up with its MNO rivals in Japan. The merger of Vodafone and Three UK has been completed, with the new company going by VodafoneThree. It has confirmed capex plans of £11 billion over the next decade, with £3 billion planned for the first year. Net debt stands at £6 billion. This opens the door…