China allows 6 private firms into telecoms


(MENAFN) China's Industry and Information Technology Ministry (MIIT) licensed six more private firms to offer certain mobile services, a move aims to open the largely monopolized sector, Xinhua reported.

The six are the third such batch of companies to be given the licenses, which allow them to partner and compete with China's major telecom operators through the resale of mobile services.

The companies can repackage the services they buy from the basic telecom operators before selling them to clients using their own brands, including voice, SMS, MMS and data services.


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