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TMCNet:  China Grants Licenses for Virtual Carriers

[December 26, 2013]

China Grants Licenses for Virtual Carriers

(Sinocast Telecommunications Beat (China) Via Acquire Media NewsEdge) BEIJING, December 26, SinoCast -- The Ministry of Industry and Information Technology (MIIT) has granted approval for mobile communication resale service on trial to eleven companies like Funtalk China Holdings Ltd. (Nasdaq: FTLK), Telling Telecom Holding Co., Ltd. (SZSE: 000829), JD.com and D.Phone Mobile Retail Chain, licensed to rent mobile network of telecom infrastructure carriers to offer users branded communication service.


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