3G Licenses to Follow Restructure
From China Daily:
The long-awaited 3G (third generation) licenses will be issued as soon as the current telecom restructuring is complete, the government said on Saturday.
In a joint statement issued during the weekend, the government said it encourages China Telecom to buy China Unicom’s code-division multiple access (CDMA) network and China Unicom to incorporate with China Netcom.
The much-awaited overhaul of the telecom industry started on Friday when China Mobile Communications Corp (CMCC), parent of Hong Kong-listed China Mobile Ltd, said in an announcement that it would acquire fixed-line operator China Tietong Telecommunications Corp and disclosed a slew of personnel changes.
Origin: , China Daily
