Chunghwa Telecom to set up wholly own subsidiary in China
Taiwan-based Chunghwa Telecom (CHT) on July 27 announced that it will invest US$6 million to establish a wholly own subsidiary in China.
Since China has not yet allowed foreign enterprises to operate telecom services, the subsidiary will provide information and communication technology services which do not need a telecom operating license, such as smart energy saving, 3G mobile value-added and intelligent transportation management, for the time being, CHT said.
Sertec, a joint-venture operator of call-center service in Xiamen, southeastern China set up in December 2009 by CHT's subsidiary Chunghwa Investment and a company run by the local government, kicked off operation earlier in July 2010, CHT indicated.
Since China has not yet allowed foreign enterprises to operate telecom services, the subsidiary will provide information and communication technology services which do not need a telecom operating license, such as smart energy saving, 3G mobile value-added and intelligent transportation management, for the time being, CHT said.
Sertec, a joint-venture operator of call-center service in Xiamen, southeastern China set up in December 2009 by CHT's subsidiary Chunghwa Investment and a company run by the local government, kicked off operation earlier in July 2010, CHT indicated.
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