China to grant licenses to virtual telecom operators [Reuters]
CHINA MOBILE (CHL)
US:NYSE Investor Relations:
chinamobileltd.com/en/ir/reports.php
Company Research
Source: Reuters
China to grant licenses to virtual telecom operators | Reuters 2 Min Read HONG KONG, Jan 24 (Reuters) - China will give licenses to virtual telecom operators, including foreign-invested ones, in a move aimed at opening up its telecom market that is dominated by state-owned China Mobile, China Unicom and China Telecom. Virtual network operators do not own the networks they use to provide communications services but instead lease capacity from conventional operators, usually paying them a percentage of their revenue as well as fees. China’s Ministry of Industry and Information Technology on Wednesday put out a draft notice regarding the approval of mobile telecommunication reselling services, after first introducing pilot schemes in May 2013. Foreign-invested firms as well as private and state-owned enterprises will be eligible to apply for the license, according to the government’s proposal, which will become effective pending a month-long public consultation. There will be no limit on
Show less
Read more
Impact Snapshot
Event Time:
CHL
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
---|---|---|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
Last Price | ||
VWAP | ||
High:
|
Max Up |
High:
|
Low:
|
Max Down |
Low:
|
%
|
Post news range |
%
|
|
Price change |
|
|
Price Change Percentage |
|
|
S&P 500 (SPX) |
|
%
|
Volume ratio |
%
|
Volume | ||
Ticks | ||
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
CHL alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
CHL alerts
High impacting CHINA MOBILE news events
Weekly update
A roundup of the hottest topics