LINE

Text:AAAPrint
Business

Government green-lights foreign firms to be virtual network operators

1
2018-01-24 14:27:01chinadaily.com.cn Zhang Shiyu ECNS App Download

Foreign companies will be allowed to be virtual network operators in China, the government said in a draft rule on Wednesday, as it steps up push to open the multibillion-dollar telecom industry currently dominated by three State-owned enterprises.

The Ministry of Industry and Information Technology (MIIT) said in a statement on its official website that foreign companies, private enterprises and other State-owned companies can all apply to run telecom services based on infrastructure they hire from China's big three carriers, namely China Mobile, China Unicom and China Telecom.

"China will soon officially launch virtual network services, and we welcome foreign companies to join the industry," MIIT said.

The rule, which will seek public feedback for a month, came after the country had piloted virtual network services for three years. As of 2017, China boasts more than 60 million subscribers of virtual network services, accounting for 4.1 percent of the country's all mobile users, data from MIIT showed.

In terms of user bases, China has already become the largest virtual network services market in the world, MIIT said.

  

Related news

MorePhoto

Most popular in 24h

MoreTop news

MoreVideo

News
Politics
Business
Society
Culture
Military
Sci-tech
Entertainment
Sports
Odd
Features
Biz
Economy
Travel
Travel News
Travel Types
Events
Food
Hotel
Bar & Club
Architecture
Gallery
Photo
CNS Photo
Video
Video
Learning Chinese
Learn About China
Social Chinese
Business Chinese
Buzz Words
Bilingual
Resources
ECNS Wire
Special Coverage
Infographics
Voices
LINE
Back to top Links | About Us | Jobs | Contact Us | Privacy Policy
Copyright ©1999-2018 Chinanews.com. All rights reserved.
Reproduction in whole or in part without permission is prohibited.