Date
18 November 2018

Over 30 firms may get virtual telco operator licenses, Sina says

Thirty-one virtual telecom operator contenders have gone through preliminary scrutiny by China Telecom Corp. Ltd. (00728.HK) and China United Network Communications Group Co. Ltd. (00762.HK, 600050.CN) before getting licenses to offer telecom value-added services, Sina.com reported Thursday, citing unnamed sources. A total of over 200 companies had applied for such licenses with the country’s three carriers, the report said. Virtual telecom operators have no telecom network infrastructure of their own, usually renting networks from telecom carriers to offer added services.

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