Get the free version of Marbridge Daily delivered to your inbox

Click here to subscribe

Rumor: MIIT Preparing Response to Broadband Antitrust Probe

Dfdaily.com, 11/15/11

China's Ministry of Industry and Information Technology (MIIT) has convened a panel of experts and expects to have an official response in the next 1-2 weeks regarding the National Development and Reform Commission (NDRC) antitrust investigation of China Telecom (NYSE: CHA; 0728.HK) and China Unicom (NYSE: CHU; 0762.HK; 600050.SH), according to a source within MIIT. The panel has been deliberating for several days, and is currently forbidden to speak publicly on the matter.

The MIIT-run newspaper People's Posts and Telecommunications News (PPTN) responded on November 11 to a recent CCTV report alleging China Telecom and China Unicom had monopoly control of China's broadband prices, saying that the report was "one-sided" and "inconsistent with the facts."

When asked whether State Administration of Radio, Film and Television (SARFT) and China Tietong (Railcom) had complained to the NDRC, the aforementioned source declined to comment.

Keywords: regulation China Telecom China Unicom China Tietong antitrust broadband telecom MIIT SARFT NDRC 0728.HK 0762.HK 600050.SH CHA CHU

Marbridge Daily Premium

Interested in gaining full access to all newsletter articles and the Marbridge Daily archive? To learn more about premium subscription options, including pricing, please:

Click here

Marbridge Consulting RSS Feed

Marbridge Reports