MIIT Issues FDD-LTE Licenses to China Telecom, China Unicom

MIIT, 2/27/15

China's Ministry of Industry and Information Technology (MIIT) today officially issued FDD-LTE operating licenses to China Telecom Corporation Limited and China United Network Communications Group, the parent companies China Telecom (NYSE: CHA; 0728.HK), and China Unicom (NYSE: CHU; 0762.HK; 600050.SH), respectively.

Editor's Note: Both China Telecom and China Unicom were issued TD-LTE network operating licenses on December 4, 2013, but had been waiting to receive FDD-LTE licenses. For more information on this topic, please see "China Telecom, Unicom Win TD/FDD-LTE Hybrid Network Licenses," MD 6/27/14 and "MIIT Issues TD-LTE Licenses to China's Three Telcos," MD 12/04/13 issues.

Keywords: China Telecom China Unicom wireless China Telecom Corporation Limited MIIT China United Network Communications Group FDD-LTE 0728.HK 0762.HK 600050.SH CHA CHU license 4G

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