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Published on FierceWireless (http://www.fiercewireless.com)

Report: China to consolidate telecoms into 3 firms

By admin
Created Feb 22 2008 - 6:59am

According to a report from the Wall Street Journal, the Chinese government may consolidate its six telecom firms into three as part of a restructuring of the telecom industry in that country. The restructuring would allow the three remaining state-run companies to offer a full range of services instead of being divided into fixed-line, mobile or other groups. The move would affect China Mobile, China Unicom and China Netcom. Analysts expect a final decision on the restructuring by the end of March.

For more on the report:
- read the article [1] over at the WSJ


Source URL:
http://www.fiercewireless.com/story/report-china-to-consolidate-telecoms-into-3-firms/2008-02-22