Chinese cellcos mull tower pact

2 May 2014

China’s three main telecoms providers, China Mobile, China Unicom and China Telecom, have begun talks regarding the potential establishment of a joint venture to facilitate infrastructure sharing. The South China Morning Post writes that Mobile and Telecom reported in separate filings with the Hong Kong Stock Exchange that the trio were discussing the formation of a joint ‘tower facilities company,’ but that no agreement had yet been reached. In its filing, Mobile – the largest of the three in terms of subscribers – said that the JV: ‘aims to enhance the sharing of resources for the development of telecommunications infrastructure and lower operator costs and the costs for developing telecommunications networks.’