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China Issues 5G Commercial Operations Licenses

MIIT, 6/06/19

China's Ministry of Industry and Information Technology (MIIT) announced today that it has issued 5G mobile communications commercial operating licenses to four companies, including the parent companies of China Mobile (NYSE: CHL; 0941.HK), China Unicom (NYSE: CHU; 0762.HK; 600050.SH), and China Telecom (NYSE: CHA; 0728.HK), as well as to national cable TV network operator China Broadcasting Network Corporation. Read More

Logistics App Yunmanman Secures USD 120 Mln Series D3

Ebrun, 11/17/17

Nanjing-based Manyun Software Technology, operator of mobile logistics app Yunmanman (Ymm), recently completed USD 120 mln in Series D3 funding led by Tiger Global, and is currently putting together Series E financing. Read More

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. Read More

MIIT Provides Update on Private Telecom Industry Investment

China News, 5/20/14

Miao Wei, head of China's Ministry of Industry and Information Technology (MIIT), recently revealed in an interview that, since the MIIT's June 2012 directive encouraging private investment in China's telecommunications industry, there have been three major breakthroughs in terms of private investment in the telecom market. Read More

China to Add 25 Mln Fixed-line Broadband Subs in 2014

People's Posts and Telecommunications News, 3/24/14

Miao Wei, Minister of China's Ministry of Industry and Information Technology (MIIT), has announced the ministry's 2014 "Broadband China" development goals. Read More

China's 4G Users to Exceed 30 Mln in 2014

Sin Tech, 12/27/13

Miao Wei, head of China's Ministry of Industry and Information Technology (MIIT), announced today that the ministry will support the rapid growth of 4G in China. Read More

Qihoo 360 Sells Stake in Game Developer 360 Youjiu

Tencent Tech, 10/31/13

Beijing-based gaming portal operator and game developer 360 Youjiu (uuu9.com) announced today that the company has changed its name to Youjiu Shidai (Beijing) Technology, and that the company will undergo strategic restructuring. Read More

MIIT Coordinates Telco Plans to Charge for WeChat

Beijing Times, 4/01/13

At Sun Yat-sen University's second annual Lingnan Forum on March 31, Ministry of Industry and Information Technology (MIIT) director Miao Wei said that the MIIT is coordinating plans by telecom operators to charge for Tencent's (0700.HK) WeChat (Weixin) mobile messaging application. Read More

MIIT to Issue 4G Licenses in 2013

Cnstock, 3/06/13

Miao Wei, head of China's Ministry of Industry and Information Technology (MIIT), stated yesterday during the National People's Congress meeting in Beijing that the ministry expects to issue 4G licenses in 2013. Read More

China to Add 35 Mln FTTH Households in 2013

Sina Tech, 2/26/13

China's Ministry of Industry and Information Technology (MIIT) convened a meeting today to finalize the objectives of the 2013 Broadband China project. Read More