Telecom sector set to open up

Telecom sector set to open up

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Telecom sector set to open up

Foreign companies will be allowed to operate virtual networks in China, according to a draft rule announced on Wednesday, as the country steps up its push to inject new vitality into the multibillion-dollar telecom industry currently dominated by three State-owned enterprises.

The Ministry of Industry and Information Technology said in a statement on its official website that foreign companies, private enterprises and State-owned companies will all be able to apply to run such networks-telecom services that piggyback on the infrastructure of China's big three carriers: China Mobile, China Unicom and China Telecom.

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