China allows private capital to enter telecom sector

2013-12-26 16:55 Xinhua Web Editor: qindexing

China's Ministry of Industry and Information Technology on Friday granted the first batch of virtual licenses to 11 private enterprises to allow them to conduct certain resale telecommunication businesses.

The latest move marked a breakthrough for China to open up the monopolized telecom sector to private capital.

2013-12-26

Private firms making inroads into telecom industry

2013-12-24

Private companies seek telecom entry

2013-05-22

Private firms apply for telecom licenses

2013-05-22

China to open telecom sector to private capital

2012-06-29

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