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Olympics – Booster for Chinese Telecom Market - Chinese government is ready to welcome the 2008 Beijing Olympics. For better communication, it has decided to widen the base of telecommunication services. To provide the best of facilities to guests, it has allowed an investment to foreign investors.
Olympics – Booster for Chinese Telecom Market

 

NewswireToday - /newswire/ - Delhi, New Delhi, India, 2006/09/14 - Chinese government is ready to welcome the 2008 Beijing Olympics. For better communication, it has decided to widen the base of telecommunication services. To provide the best of facilities to guests, it has allowed an investment to foreign investors..

   
 
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Keeping Olympic Games-2008 in mind, the foreign carriers want Chinese government to accelerate its deregulation efforts in budding telecommunication market. The subscriber base is supposed to cross 880 million this year, because of government's decision to modernize the telecom industry. The subscriber's base in China is prognosticated to be a world leader by 2008, when the Chinese telecom market will grow by 26%.

As a preparation, investments in the telecommunication sector will be made by the government to avoid telecom jams, as large number of organizers, participants, and spectators with broadcasters to provide the coverage to an audience of 4 billion will be there to celebrate Olympics.

Foreign companies will own almost 49% of national and international Internet, fixed-wire and satellite services by 2008 (as China is a part of World Trade Organization from 2001). In 2005, the pace of opening mobile services gets increased with allowance of foreign ownership. Value-added services and paging will bloom even more quickly.

According to RNCOS' recent report "China Telecom Sector Analysis (2006-2007)", huge investments has to be made in Beijing for building infrastructure that includes venue construction, environmental protection, telecommunications, broadcasting systems, highway construction, emergency responses and many more.

The research report also looks into the issues and facts important for the business' success:

- Emerging trends and technologies in the Chinese Telecom Sector
- Future possibilities of the Chinese Telecom Market
- Key players in the Chinese Telecom Market
- Advantages of opening Chinese Telecom Market for the foreign players
- Opportunities and the Challenges for the Industry
- Other factors affecting the industry
- Strategies for the further growth

RNCOS' report "China Telecom Sector Analysis (2006-2007)" provides a wide research and analysis of the telecommunication sector in China. This report helps clients to get a fair idea of opportunities crucial for the prospering of Chinese Telecom Market.

About RNCOS

RNCOS, incorporated in 2002, provides Market Research Reports for your business needs and aims to put an end to your information pursuit. Our expertise in gathering global business information for industry research, corporate training, growth consulting, and business consulting, brings reputed companies and firms to us for business enhancement solutions. We can be your one-stop-shop for Industry research information and niche market analysis.

 
 
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Written by / Agency / Source: RNCOS E-Services (P) Ltd

 
 

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Olympics – Booster for Chinese Telecom Market

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