Searching for "New Telecom"
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Chinese telecom equipment provider New Sea Union Telecom Technology (002089.SZ) has announced that its wholly-owned subsidiary, IT service outsourcing provider BroadenGate Technologies, will invest RMB 5 mln in mobile game operator Zhuowei Information Technology. Read More
At the Broadband Communications and M2M Summit 2013 held May 15 in Beijing, Liu Duo, deputy director of the Ministry of Industry and Information Technology's (MIIT) China Academy of Telecommunication Research (CATR), revealed that the MIIT will begin issuing new internet data center (IDC) and internet service provider (ISP) licenses in the near future. Read More
China Telecom (NYSE: CHA; 0728.HK) recently announced the launch of mobile data balance recharge cards in Beijing. Read More
China's National Development and Reform Commission (NDRC) has established a RMB 8 bln specialized fund for next-generation IPv6 internet that will provide government subsidies to up to 100 firms, including telecom operators, equipment vendors, commercial websites, and R&D organizations, according to a source close to the NDRC. Read More
An industry source recently told 21st Century Business Herald that China's Ministry of Industry and Information Technology (MIIT) is in the process of developing a completely new categorization system for enterprises providing telecom value-added services (VAS), and is preparing new licensing standards for the industry that will more clearly delineate the scope of operations and enterprise qualifications for license holders. Read More
An industry insider reports that the Ministry of Industry and Information Technology (MIIT) has issued notification of a ";network moratorium"; to operators. Read More
An official from China's State-Owned Assets Supervision and Administration Commission (SASAC) has indicated that the overall direction for issuing 3G licenses once the telecom industry restructuring is complete has been settled, with China Mobile (NYSE: CHL; 0941.HK) operating a TD-SCDMA network, the new China Telecom (NYSE: CHA; 0728.HK) building a CDMA2000 network on the basis of its acquired CDMA business, and the new China Unicom (NYSE: CHU; 0762.HK; 600050.SH) upgrading from GSM to WCDMA. Read More
The State Council has unveiled details of two bureaus which will operate under the new Ministry of Industry and Information (MII) - the National Defense Technology Industry Bureau, and the National Tobacco Monopoly Bureau. Read More
Reliable reports say that under the government's new "large ministries to large agencies" management strategy, the Ministry of Industry and Information (MII) will establish a new Telecom Management Agency, Telecom Technology Agency, and an Information Network Security Agency in or around June of this year. Read More
Industry rumors have begun to circulate saying another proposal for restructuring of the telecom industry - the '5-into-2' plan - is under consideration. Read More