Amended Regulations Could Open Telecoms Sector
October 15, 2008 | BY
clpstaff &clp articlesAmendments to China's Regulations for the Administration of Foreign-invested Telecommunications Enterprises came into effect in September 2008. The amendments lower capitalisation thresholds for the operation of basic services and make applications simpler. But it is not clear if the new rules will encourage more foreign investment in the telecoms sector.
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By Fraser Mendel and Shan Liu of Morrison & Foerster.
The State Council of the PRC recently issued amendments to regulations covering the administration of Foreign-invested Telecommunications Enterprises (FITEs)《外商投资电信企业管理规定 (修订)》. While it is perceived that the regulations were