What’s the worst that can happen? Dr Peng bags one of eight new MVNO licences

19 Dec 2014

China’s Ministry of Industry and Information Technology (MIIT) has approved eight new mobile virtual network operator (MVNO) concessions, bringing the total number of licensees to 42. The licences are part of a two-year trial, due to close at the end of 2015, to assess the potential impact of MVNOs on improving competition in the nation’s wireless sector. Responses have so far been mixed, with many MVNOs complaining that network operators are setting wholesale rates too high, in some cases charging more to MVNOs than to their own customers. The eight new licensees are: Dr Peng, Lenovo, HNA Information Technology, Guangdong Hengdahe Communication Technology, Phoenix Asset Management, Minsheng E-Commerce, Shenzhen Ping Communication Technology and Qingdao Bank Communications.