To date foreign Telecom players like SK Telecom (S-Korea), Telefonica (Spain), and Vodafone (UK) have been limited to minority stakes of under 7% in Chinese telecom operators.
However brighter times for foreign telecom operators may lie ahead! Owing to the ongoing Chinese telecom industry restructuring (consolidation wave) and a planned infrastructure revamp (issuing of 3G Network licenses). As Chinese Telcos are not primarily looking to attract more capital the latter can provide opportunities for foreign players. Respectively for foreign telecom operators that are already engaged in 3G networks in their home markets.
Foreign telecom operators have the technology and experience their Chinese counterparts lack.
“We should attract more foreign investment when we roll out 3G and use other people’s money to build the networks,” says Beijing University of Posts & Telecommunications professor Lu Tingjie (source).
Sphere: Related Content
In an interview with the BBC, the boss of the world’s largest mobile phone company (by revenue) Britain’s Vodafone Group plc was upbeat about his company’s prospects at weathering the credit crunch clouds hovering over businesses in Europe and the US.
Under oversight of Arun Sarin (CEO), Vodafone has successfully repositioned the company to counter global forces for the upcoming years. It can be characterised as a textbook example of a diversification strategy in terms of market segments (offered products and services) and geographical areas (geographic spread).
Yesterday it was a mobile telecom company and tomorrow it wil be a mobile telecom, internet, broadband, and financial service company. Furthermore, Vodafone used be very OECD developed market centric and now they have added an emerging markets portfolio with strong presence in the BRIC countries and further pushing into the Next Eleven (n-11) countries. The entire interview with Arun Sarin can be found here.
Sphere: Related Content
Vodafone has just published the 16th issue of Receiver, its online magazine on the future of communication technologies.
The current edition is all about social networking the mobile way: clubbing, seeing your favourite band, sharing memories of a night out or playfully exploring the city, getting to know and experiencing, even creating, music.
“How can mobile add to all these? And how does it affect how we get our friends together for joint action? Does it trigger emergent behaviour? Or is it the ideal means to pull it all together?”
The eight articles deal with social coordination in urban environments, “big games”, social planning, and much more.
Sphere: Related Content
To date foreign Telecom players like SK Telecom (S-Korea), Telefonica (Spain), and Vodafone (UK) have been limited to minority stakes of under 7% in Chinese telecom operators.
Recent Comments