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Article: CHINA SATELLITE COMMUNICATIONS ENTERED INTO TELECOMS MARKET

Article from:
AsiaInfo Services
Article date:
July 4, 2002
Copyright

00-00-0000
China Satellite Communications Entered into Telecoms Market

CHINA, Jul 04, 2002 (AsiaPort via COMTEX) -- In late June, China International Trust & Investment Corp (CITIC), Beijing, signed agreements with China Satellite Communications Corp to setup joint venture for fixed line network services, Internet and satellite services in China.

To develop towards "personal consumption" service has long been the dream of China Satellite Communications Corp.. To cooperate with CITIC which possessed substantial ground network resource to form the "Satellite + Fibre Cable" integrated network, which provide the capital for China Satellite Communications Corp. ...

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