Get the free version of Marbridge Daily delivered to your inbox

Click here to subscribe

Rumor: China's State Council Approves National Cable Operator Plan

Netease Tech, 11/15/12

According to a knowledgeable source, China's State Council has approved the State Administration of Radio, Film and Television's (SARFT) plan to establish a national-level China Radio and Television Network cable TV operator. The Ministry of Finance will inject RMB 4 bln in capital into the new operator, but there has been no confirmation yet of earlier rumors that China's three major telecom operators will also invest funds in the new company. Once established, the Ministry of Industry and Information Technology (MIIT) will release a revised Catalog of Telecommunications Service Categories, and issue a domestic broadband access operator license to China Radio and Television Network.

SARFT previously proposed the government provide RMB 80 bln to finance the new company, but this plan was vetoed.

Editor's Note: For more background on this topic, please see "China's Finance Ministry Invests RMB 4 Bln in National Cable Operator" MD 10/19/12 issue and "Rumor: China Mobile to Invest in National Cable TV Operator" MD 3/07/12 issue.

Keywords: license television Ministry of Finance MIIT cable TV SARFT China Radio and Television Network funding national cable company broadcasting policy regulation


Please note, all fields are required.
None of your personal information will be shared with third parties.



The information contained in this newsletter is based upon sources that Marbridge Consulting believes to be reliable, and we have made every effort to translate the original articles or article excerpts as faithfully as possible. However, Marbridge Consulting makes no warranty of and assumes no legal responsibility for the accuracy of either the original source material or the English language translations.

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