Abstracts » Business, international

China Telecom investors get brief shock

Article Abstract:

China Telecom (Hong Kong) Ltd.'s stockholders were briefly alarmed over a China daily report that fees on incoming cellular-phone calls will be eliminated. China Telecom, which is set to conduct a $4-billion initial public offering at the stock exchange of Hong Kong, was significantly affected by the report, since such as development will greatly reduce the earnings of the cellular-phone-network operator. The Ministry of Post and Telecommunications, however, quickly denied the veracity of the China Daily report, citing that there are no plans to modify the tariff procedure for China's cellular phone firms.

Securities and Commodity Exchanges, Security and commodity exchanges, Securities Exchanges, Evaluation, Prices and rates, Stock-exchange, Stock exchanges, Exchanges, China Telecom (Hong Kong) Group Ltd., Hong Kong, Securities, Telecommunication policy, Telecommunications policy

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Malaysia firms its hold over telecom industry

Article Abstract:

The Malaysian government plans to limit the operation of international gateway services to three telecommunications companies. These companies include Telekom Malaysia Bhd., Cellular Communications Network Sdn. Bhd. and Binariang Sdn. Bhd. In addition, the government also intends to impose restrictions on expansion of cellular telephone companies. However, local telecommunications officials noted that such plans may prove difficult to implement since the government has already given licenses to most of the companies that will be affected.

Malaysia, Industry regulations, Government regulation of business, Trade regulation

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Beijing mulls over changes in phone billing

Article Abstract:

China's State Council is weighing a proposal to change the billing process for mobile-phone calls. A one-way billing system would mean revenue losses for Hong-Kong based carriers.

China, Government regulation, Consumer prices

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