PRICE WAR SHOULD STOP IN TELECOM INDUSTRY: EXPERT
AsiaInfo Services, September, 2002
AsiaInfo Services 09-09-2002 Price War Should Stop in Telecom Industry: Expert CHINA, Sep 09, 2002 (AsiaPort via COMTEX) -- Lin Jifeng from Beijing University of Posts and Telecommunications believes that considering the rapidly expanding customer base and stagnating profits, China Mobile and China Unicom should put an end to the price wars. "According to telecom regulations, mobile phone carriers should follow standard charges set by the Ministry of Information Industry." The standard states that China Mobile may charge a basic monthly fee of 50 yuan, or 6 U.S.
dollars, and 40 fen, or 5 U.S. cents, per minute of talk time. China Unicom, as the minor carrier, is officially entitled to charge 10 percent less. But the fact is that very few local branches of...
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