27 February 2020

Suning launches mobile network resale business, paper says

Suning Appliance Co. Ltd. (002024.CN) has launched its mobile network resale business after securing a mobile virtual network operator license, the National Business Daily reported Wednesday, citing a company statement. The company said it has set up a separate unit to operate the business. Suning will offer value-added services attached to the cellphones it sells in stores as well as on its online channels, the report said. A virtual network operator sells telecommunication-related services by buying access to the network of a telecom operator at wholesale rates.

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