China allows Private Telecoms in Mobile Telecommunications

China Government is announced to break the monopoly held in mobile telecom by the three giant telecoms China Mobile Ltd, China Unicom Ltd, China Telecom Corporation Ltd and allows privately owned companies in the nation’s profitable mobile telecommunications.
The director of telecommunications development at the Ministry of Industry and IT announced to enter qualify firms to be know as mobile virtual network operators (MVNO) and this is under trial basis for necessary amendments.