14 November 2018

China Mobile eyes 18 firms as MVNO partners, paper says

China Mobile Ltd. (00941.HK) has submitted a list of 18 companies it wants as mobile virtual network operator (MVNO) partners to the Ministry of Industry and Information Technology for approval, the Securities Times reported Wednesday, citing unnamed sources. On Dec. 26, 2013, the ministry approved the first batch of MVNO licenses for 11 firms, which will become the partners of China Telecom Corp. Ltd. (00728.HK) and China United Network Communications Group Co. Ltd. (00762.HK, 600050.CN). The government is likely to announce the second batch of MVNO license recipients before Jan. 31, with Suning Appliance Co. Ltd (002024.CN), Shenzhen Aisidi Co. Ltd (002416.CN) and Telling Telecom Holding Co. Ltd (000829.CN) as frontrunners, the report said.

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