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Stock impact report

China's telecom firms to end roaming fees, offer corporate pricing incentives in network push [Reuters]

CHINA TELECOM (CHA) 
Company Research Source: Reuters
China's telecom firms to end roaming fees, offer corporate pricing incentives in network push BEIJING China's three state-owned telecommunications companies plan to eliminate domestic roaming fees and offer pricing incentives to small and mid-sized enterprises, to encourage corporate customers to adopt network technology such as cloud computing. China Telecommunications Corp, China Mobile Communications Corp [CHNMC.UL] and China United Network Communications Group Ltd [CHNUT.UL] will end inter-province roaming fees by October, the chairmen of the three firms told reporters in Beijing on Monday. The three - whose Hong Kong-listed subsidiaries are China Telecom Corp Ltd, China Mobile Ltd and China Unicom Hong Kong Ltd - will also have discount pricing schemes for businesses, the chairmen said without elaborating. The comments from as the government works to lower telecom fees to spur consumer spending, cut corporate operating expenses, and encourage enterprises to adopt network technol Show less Read more
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