New China Telecom and China Netcom officially established. (China).(Brief Article)

From: Asia Pacific Telecom | Date: June 1, 2002 | Copyright information

New China Telecom Group and China Netcom Group announced their official debut on May 16. The move is a crucial step in China's telecom industry restructuring and is aimed to boost competition and to prepare the industry for foreign investment. After this latest restructuring, China has six basic telecom operators including China Mobile, China Telecom, China Netcom, China Unicorn, China Railcom and China Satellite Communications, and more than 4,000 value-added telecom and paging se...

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