Virtual telecom operators business nears reality

[Hum]

Sixteen companies are expected to get licenses for virtual telecom operators- business of resale mobile communication services- by the end of the year and open for business in 2014, Economic Information Daily reported.

Virtual operators business is reselling mobile communications services to introduce its own brand of telecommunication services through leased telecommunication operator's network and facilities or other forms of cooperation.

The three major telecom operators in China have completed the accreditation work on the companies applying to be virtual operators. The Ministry of Industry and Information Technology of China (MIIT) will further review the shortlisted companies and award business licenses to the qualified ones.

?China Telecom and China Unicom have both reached a preliminary cooperation deal with some companies and are now signing agreements; China Mobile is ratcheting up the final negotiations and is expected to complete the agreement soon,? deputy director of development department of MIIT said on Oct 24.

There are 70 companies applying to be virtual operators, and three kinds of companies are finally chosen as future partners: channels such as Suning, Gome and Dixon, Internet companies and those who already have the industrial resources such as Kingdee and UF. So far, 16 companies have signed agreements with the operators.

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[+John Teacake MVC]

Just like Tesco Mobile, Asda Mobile and the likes of GifGaf in the UK?