China Mobile chairman likely to visit Taiwan in August, say sources
China Mobile chairman Wang Jiangzhou is likely to visit Taiwan in August with plans to meet executives of Far EasTone Telecommunications (FET) and MediaTek, according to industry sources. China Mobile has a pool of 500 million subscribers and is an operator of TD-SCDMA 3G networks in China.
Wang's visit to Taiwan could have profound implications as the Taiwan government-backed Industrial Technology Research Institute (ITRI) is planning to set up an experimental TD-SCDMA network in Taiwan in order to help Taiwan network equipment makers develop TD-SCDMA-enabled CPE products for the China market.
Meanwhile, China Mobile is also waiting for the Taiwan government to ease its investment regulations so that the carrier can invest in FET through private placement, the sources noted.
FET, one of the three largest operators of mobile communication service in Taiwan, in April 2009 signed with China Mobile for a strategic alliance, and the China carrier also agreed to take a 12% stake in its Taiwan partner.
But the Taiwan government has reiterated that no China investment is allowed in Taiwan's telecom carriers.
Wang's visit to Taiwan could have profound implications as the Taiwan government-backed Industrial Technology Research Institute (ITRI) is planning to set up an experimental TD-SCDMA network in Taiwan in order to help Taiwan network equipment makers develop TD-SCDMA-enabled CPE products for the China market.
Meanwhile, China Mobile is also waiting for the Taiwan government to ease its investment regulations so that the carrier can invest in FET through private placement, the sources noted.
FET, one of the three largest operators of mobile communication service in Taiwan, in April 2009 signed with China Mobile for a strategic alliance, and the China carrier also agreed to take a 12% stake in its Taiwan partner.
But the Taiwan government has reiterated that no China investment is allowed in Taiwan's telecom carriers.
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