Your email has been successfully added to our mailing list.

×
0 0 0 0 0 0 0 0
Stock impact report

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
Opt-in for CHL alerts
Opt-in for
CHL alerts

from News Quantified
Opt-in for
CHL alerts

from News Quantified