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MIIT Issues Telecom Infrastructure Sharing Notice

MIIT, 10/06/08

In order to decrease superfluous telecom construction, the Ministry of Industry and Information Technology (MIIT) and the State-owned Assets Supervision and Administration Commission (SASAC) have resolved to promote joint construction and joint use of telecom infrastructure, and have issued a notice requiring all telecom infrastructure enterprises – the post-restructuring China Telecom (NYSE: CHA; 0728.HK), China Mobile (NYSE: CHL; 0941.HK), and China Unicom (NYSE: CHU; 0762.HK; 600050.SH) – to implement sharing and joint construction for all towers and pole lines, as well as sharing and joint construction for base station equipment and transmission lines meeting the requirements. Read More...