Tencent Tech, 2/13/14
Chinese e-commerce conglomerate Alibaba Group has announced that the company will launch mobile virtual network operator (MVNO) services before June 1, 2014, with a number of MVNO products currently under development. According to an inside source, Alibaba has already established a dedicated MVNO team, and has stepped up recruiting for related personnel.
On December 26, 2013, China's Ministry of Industry and Information Technology (MIIT) granted MVNO licenses to an initial group of 11 companies, allowing them to conduct network trials. Alibaba's web solutions subsidiary HiChina was among companies receiving a license.
Editor's Note: For more background on this topic, please see "MIIT Issues First Batch of MVNO Trial Permits to 11 Firms" MD 12/26/13 issue.