Satcom resurrected with new licence

14 Mar 2018

Chinese telecoms watchdog the Ministry of Industry and Information Technology (MIIT) has issued a basic telecom service business licence to China Satellite Communications Group (China Satcom), enabling the company to provide mobile and fixed satellite communications services nationwide. During the sector reforms in 2008, Satcom had been partially dismantled, with elements of the business being taken over by China Telecom whilst Satcom itself became a subsidiary of China Aerospace Science and Technology Corporation (CASC). In mid-2017 Satcom was reincorporated as a joint stock company, as part of plans for the company to re-enter the market.