29 foreign companies applied for investment in the telecommunication added value sector, only 5 companies got permission

2006/10

On September 27th, the information industry department synthesized a program with the head of outside economic trade department Wangjianchao, up to now they have already received 29 foreign companies applications to invest in the telecomm industry, and all the applications for the telecoms value added business, now there are not any foreign company applications wishing to establish a joint venture company in answering equipment, data correspondence business. Wangjianchao pointed out that 14 of the 29 applications had already received official approval along with 5 applications have had already acquired permission.