How wireless telecom industry restructuring crisis has stimulated renewed waves of 3G licenses
May 2nd, 2011.Tags: What is the 3g licensetelecom industry restructuring in time and specific programs that will directly affect the value of the operators to invest. On the telecom industry restructuring, there are many rumors, but so far, there is no clear program and timetable. The only sure way is that after the reorganization to 3G operators will receive licenses; Netcom, telecommunications, mobile will return to A shares to raise the funds needed in building a network.
2 18, Credit Suisse issued a research report, citing China’s TD-SCDMA Industry Alliance, Yang Hua, Secretary-General to participate in the European road show to saying that China’s State Council executive meeting was convened to discuss the mainland telecom industry restructuring, and may in a few days issued to the telecom operators 3G licenses. His remark immediately caused the industry to huge waves.
recombinant storm
investment bank Credit Suisse said in a report for assistance in TD-SCDMA Industry Alliance in the European road show organized by the TD, Yang Hua, confirmed the meeting, the State Council executive meeting held to discuss matters relating to telecommunications restructuring, he expected 3G licenses will be issued within a few days.
report said China Mobile will be expected to TD-SCDMA license to China Telecom access to CDMA2000 license obtained after the merger with China Unicom China Netcom WCDMA license. He also revealed that China Mobile is about to modern cheongsam launched in 300 cities in the second phase of TD-SCDMA construction.
but then to Europe to Yang Hua, Sina and other major sites in a statement to clarify that in the main European road show to answer questions referred to three points: First, when a license for himself in the original words were: ” personal point of view will be sent to, possibly as early, late may, or may now/at the end, it may have made a few days. “currently is only his personal view that will be completed this year, in issuing the license.
second commercial for the TD in the number of cities is more appropriate, Yang Hua answer is: If business, that there should be hundreds of cities, network construction, “but the specific circumstances of an individual I can only guess.”
Third, issuing licenses for 3G in what manner appropriate to Yang Hua, the answer is: there are several versions online, personal feel, a strong carrier suitable for application to a new earth technology, the weaker carriers suitable for application to mature to technology, the main consideration is the pattern that will calm a number of carriers. Yang Hua stressed that the views are just personal guesses about when a license is a government decision-making; exactly when the expansion of network construction, the operator responsible for the return.
time industry handicrafts are also widely rumored, the State Council on the 2/15, has held executive meeting to discuss the telecom restructuring. If nothing else, the meeting will reach a consensus on telecom restructuring plan and is expected in the country, “two sessions,” before and after the announcement. Sources said the restructuring plan is still/ago disclosure to plan, that is split China Unicom CDMA network to China Telecom, China Netcom reserves the GSM network and merged into China Railcom, China Mobile Group. After completion of the merger, will form a China Mobile, China Unicom (China Netcom), China Telecom, the three major national full-service provider.
official said China Unicom, China Unicom has not been the reorganization to the exact message, “but since the market upwind pass these messages should not groundless.” After the merger the new company is led by China Unicom, the ultimate decision by the government.
China Netcom insiders claimed, earlier news that the original plan 1/restructuring plan will pay the highest level of decision-making, but the snowstorm delayed. The source believes that fusion may be the cause of some other operations in accordance with the first, and then gradually to achieve business integration. Although the curtain has not yet officially opened, but it is certain to be re coming.
novelty
Yang Hua, said Credit Suisse study report is taken out of context, but said Credit Suisse was also clarified, 3G licensing will not happen in the next few days. Domestic brokerage also said that 3G licensing the next few days is unlikely, they think the Olympic Games after the licensing more in line with corporate interests.
State Securities analyst Chen Yun-hong said the recent foreign investment banks have been given in the report, said the telecom restructuring and will soon be issuing 3G licenses, which may be some foreign investment banks to interest in his own trouble, but now this interests of the outside world has not seen, “China Mobile, China Netcom and China Unicom are listed in Hong Kong, foreign investment banks to the greatest impact on them.”
and foreign investment banks to widespread speculation telecom restructuring may be compared to the first half of this year, the domestic securities firms appear to be relatively conservative. Golden State also issued a report before the securities, if the “two sessions” period, the state announced a further reform of state-owned monopoly, then move to the telecommunications restructuring in the first half/substantial start to the probability of more than 50%, otherwise, telecom restructuring in the Olympic Games After the implementation of the land will be greater than 50% probability.
Chen Yun-hong also analyzed that the restructuring should precede 3G telecom license, there is no any operator of 3G licenses are desperately needed. He predicted that 3G licensing should be delayed, “Telecom has always been the Government in promoting the restructuring, I believe that all government policies will be to their own places of interest along together. Unlikely that the current licensing immediately.”
Chen Yun-hong said that the current licensing is a bad move to China and other places and no operators license to the current demand, “in terms of China Mobile, TD-SCDMA trial network operators have to wait until after the Olympic Games operation effect can be seen How, then let’s use the license, and that is good. “
Several other operators to build 3G networks have not yet, but there is no need at this time to get 3G licenses. “We think the Olympics released a license after the more likely.”
But for how wireless Internet access
Telecom restructuring, Chen Yun-hong said, “two sessions” may be saying before. Wang Guoping, an analyst at Galaxy Securities, has the opposite point of view, the first 3G license issuance is possible, the restructuring in the post-no big problem. “This is government land regulations, building networks to get a license before you can.”
Wang Guoping had to re-view has been the telecommunications and licensing will be in 2009, but with the telecom restructuring to talk about more and more, Wang Guoping, have now given up forecasting process and time.
Wang Guoping said that at present can not simply come from the demand forecast company performance or when issuing a license, “These are countries to do things, that in promoting institutional forecast is not good.”
balance difficult to break
analysts believe that the telecom industry restructuring in time and specific programs, direct impact on the value of the operators to invest. On the telecom industry restructuring, there are many rumors, but so far, there is no clear program and timetable. The only sure way is that after the reorganization to 3G operators will receive licenses; Netcom, telecommunications, mobile will return to A shares to raise the funds needed in building a network.
If within two years not to grant 3G licenses, taking into account the six months to a year to build networks and preparation time, you will still be within three years, a dominance of China Mobile, China remains the potential to more than two hundred million mobile phone users will mainly be swallowed by China Mobile . That time alone to Telecom, China Netcom issued 3G licenses, has been unable to solve the problem of unbalanced competition in the telecommunications industry.
China Mobile, “a dominant” to the situation, the last three years becoming increasingly apparent. In net profit indicators, China Mobile and other three widening the gap. From 2007 to operate the development trend, even if the other three soon merge and get 3G licenses is difficult to narrow this gap.
as long as the 3G licenses issued, Telecom, China Netcom will be mobile operators to share positioning; Unicom to good is probably stronger in telecommunications mergers, and is expected to enjoy the support policies such as number portability, but if the weaker in Netcom, the face of mobile, telecommunications, power is still the weakest; new operators will appear on the China Mobile is bad.
In addition, the number of mobile phone users high-speed growth, PHS users and fixed-line users began to decline, making the mobile and fixed network operators to expand the performance gap is inevitable. China Mobile and China Unicom will duopoly in pattern to the annual total of 7 10000000-8 million new users to speed enclosure. Restructuring in the later time, China Mobile and China Unicom, the better.
telecom industry restructuring in time and specific programs that will directly affect the value of the operators to invest. On the telecom industry restructuring, there are many rumors, but so far, there is no clear program and timetable. The only sure way is that after the reorganization to 3G operators will receive licens