China will open its virtual telecom market to foreign capital, a think tank said.
"Introducing more virtual carriers will encourage competition in the telecom industry and diversify services and lower charges," Beijing News reported, citing Liu Duo, vice-president of the China Academy of Telecommunication Research of the Ministry of Industry and Information Technology.
Overseas companies will be able to provide services to mobile subscribers in China by hiring infrastructure from the country's big three telecom operators.
Liu said the ministry does not have a timetable for the new policy.
In December, the ministry issued virtual telecom licenses to 11 Chinese companies.
The country will have 50 million subscribers who use services provided by virtual carriers by 2015, the newspaper said.
Copyright 1995 - . All rights reserved. The content (including but not limited to text, photo, multimedia information, etc) published in this site belongs to China Daily Information Co (CDIC). Without written authorization from CDIC, such content shall not be republished or used in any form. Note: Browsers with 1024*768 or higher resolution are suggested for this site.
License for publishing multimedia online 0108263 Registration Number: 20100000002731 
