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| China Telecom Expects HKSE Listing Later This Year |
| China Telecom, which has been divided into northern and the southern companies, is expected to be listed on the Hong Kong Stock Exchange in the latter part of this year. Morgan Stanley, Merril Lynch Capital Markets and China International Capital Corporation Limited will make joint efforts to help China Telecom to achieve the listing. |
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| Mobile Phone Users in Shandong Province Totals 6 Million |
| Mobile phone users in the coastalprovince of Shandong is now close to 6 million, ranking fourth in China after Guangdong, Zhejiang and Jiangsu provinces. |
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| China Revising Regulations on Information Industry: Minister |
| With China's entry into the WTO, the information industry ministry is gearing up to revise a number of regulations to make them consistent with WTO rules, said Information Industry Minister Wu Jichuan. In the last year, Wu signed as many as 18 regulations. He said China gradually amends and revises various telecommunications regulations according to practice. |
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| CDMA Network Operations Begin in China |
| The CDMA (Code Division MultipleAccess) network, a 2.5G mobile telecommunications network, started operations Tuesday in Beijing. |
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| Chinese Telecom Industry to Undergo Major Restructuring |
| China will set up four integrated telecom operators that provide fixed-line, mobile, data and other basic telecom services in a move to make the telecom market more competitive, Minister of Information Industry Wu Jichuan said Monday. |
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| China to Surpass Target for Information Industry |
China's information industry is expected to over-fulfill its goal for 2001, according to the Ministry of Information Industry.
The latest statistics show that the telecommunications business this year totals 366.9 billion yuan (about 44.2 billion US dollars) -worth, up 24 percent compared with the same period of last year. |
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| Roundup: China's Information Industry Prospers in 2001 |
| The year 2001 sees a milestone for China's booming information industry that has made huge achievements in both service and technology. |
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| Premier Zhu Calls for More Efforts to Boost IT Industry |
| While presiding over the recently convened first meeting of the national leading group on informatization, Chinese Premier Zhu Rongji called for greater efforts and better coordination to push forward China's information industry in a market-oriented way and prevent redundant building of infrastructure. |
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| CDMA First Phase to Be Put into Operation |
| China Unicom, country's No.2 mobile telecom operator has lately announced that the first phase of its CDMA (Code Division Multiple Access) network, which enjoys the largest coverage and the biggest number of subscribers in the world, has been brought to completion at the end of last October as scheduled. It will be put into operation in 31 provinces, autonomous regions and cities throughout China on December 31, 2001. |
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| China's Telephone Users Top Over 317 Million |
| China's information industry has maintained a rapid growth this year. By the end of November, the number of telephone users in the country reached 317 million, surged by 87.56 million between January and November alone. Information products such as handsets, computers, etc. have become popular hot cakes one after another. The revenue of national telecom business amounted to 362.4 billion yuan. |
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| China's Telecom Revenue to Reach 1 Trillion Yuan in 2005 |
| China's telecom industry is scheduled to reap a revenue of RMB 1 trillion in communication services by 2005 and complete a reliable information network by 2010, Wu Jichuan, Minister of the Information Industry lately revealed in his speech. |
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| Foreign Investment Allowed in Telecom Carriers |
| Two regulations banning overseas investment in China's telecom carriers will be abolished December 11 to make it possible for telecom giants to invest in China's fast-developing telecom industry. |
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| Mobile and Fixed Phones to Practice Three Guarantees System |
| The system of three guarantees for repair, replacement or compensation of faulty mobile and fixed phones has been formally publicized on September 24 and will be formally implemented on November 15, 2001. This system is jointly enacted by SAIC, MII and GAQSQ. |
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| Railcom Network Operates in 50 Cities |
| The China Railway Communications Co Ltd (CRC) on Sunday announced the operation in 50 cities of a joint network with China's No 1 fixed line telecom operator, China Telecom. |
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| Telecom Opens to Small Firms |
| China's telecom market will open wider to emerging small- and medium-sized companies to encourage competition and an upgrade in services, said the industry regulator. |
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| Railcom Ready for Rival |
| Real competition in China's fixed-line telecom sector began on Sunday with upstart China Railcom's network finally being linked to that of industry leader China Telecom. |
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| China to Open Mobile Market to New Players |
| China's telecoms regulator said on Wednesday it will let more operators into the mobile phone market when it migrates to third generation (3G) technology. |
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| Number of Phone Users in China Exceeds 287 Million |
| The total number of telephone users in China has exceeded 287 million, including 167 million fixed phone users and 120.6 million mobile phone users. |
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| Foreign Investors Less Optimistic About China's Mobile Market |
| Having 120 million handset users, China has been eyed as world largest mobile market. But the scale has been improperly exaggerated according to Asian Wall Street Journal. |
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| Joint Ventures Strictly Controlled from "Invading" Telecom Market |
| The Ministry of Information Industry recently issued a circular pointing out that only when telecom businesses take a 51 percent share in joint ventures can they be licensed and license must otherwise be re-applied for conducting telecom business in China. |
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