The review and approval process for foreign-funded enterprises to operate telecom value-added service (VAS) businesses in the Shanghai Free Trade Zone (FTZ) has been simplified, a Chinese ministry announced on Tuesday.
China will open up seven telecom value-added services to foreign capital in the Shanghai Free Trade Zone, with five allowing for full foreign ownership, a senior telecom official said Tuesday.
In response to netizens' complaints about the possibility of being charged for using the mobile chat application WeChat, Liu Chiping, president of Chinese Internet giant Tencent, said Sunday that the company's popular software will remain free.
In response to grumbles from China's monopolistic telecom operators, the country's industry regulator said last weekend it is possible that the operators will be allowed to impose fees on WeChat for signaling channel usage.
China's telecom operators are being squeezed by messaging applications installed in the smartphones they encourage users to buy.
China's telecommunications operators are being squeezed by messaging applications installed in the smartphones they encouraged users to buy, which depend on the networks that operators spent pretty pennies to build.
China is opening up its mobile telecom sector to private enterprises. In a move expected to improve competition and innovation, in a field dominated by three telecom giants.
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