Marbridge Daily

<- June 13, 2014 ->

MIIT to Issue Third Batch of MVNO Licenses in 1-2 Months

Sina Tech, 6/12/14

Miao Wei, head of China's Ministry of Industry and Information Technology (MIIT), has disclosed that the MIIT is currently in the process of approving applications for a third batch of MVNO licenses in China, to be issued within one to two months.

An industry source has revealed that 7-8 companies will be awarded licenses in the upcoming issuance, including China Mobile MVNO partners 21Vianet (Nasdaq: VNET), ZTE (0763.HK; 000063.SZ) subsidiary SeeCom Technology, Yinsheng E-Pay, Dr. Peng Telecom & Media Group (600804.SH), and China PTAC.

Editor's Note: For more background on this topic, please see "China Mobile Confirms Partnership with 17 MVNOs" MD 5/08/14 issue.

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