AT&T COMPLAINS ABOUT CHINA'S HIGH THRESHOLD TO TELECOM MARKET
AsiaInfo Services, March, 2006
AsiaInfo Services 03-16-2006 AT&T Complains About China's High Threshold to Telecom Market US, Mar 16, 2006 (SinoCast via COMTEX) -- AT&T complains that the Chinese administrations open the telecom market too slowly so it reluctantly enter the infrastructure telecom business in China.
But the company will still inject some of its USD 85bn global investment budget to China. Steve Lowe, vice president of AT&T in Asia-Pacific Region, says that the Chinese government sets a too high threshold of market access, which blocks AT&T to further expand presence in the Chinese infrastructure telecom sector. China Telecom, the largest infrastructure telecom carrier in the country, has set up a joint venture with AT&T but the US-based company just holds...
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