China’s Telecom Reshuffle
A report in today’s China Trade Information (excerpt below) outlines a rumored reshuffle of executive management at China’s top telecom companies. This leadership change has long been expected and reported on by iPhonAsia. The reshuffle could be announced May 17th on World Telecom Day.
It appears that the restructuring of China’s telecom industry is proceeding as planned and more announcements should be forthcoming as the Olympics approach. The restructuring is important to Apple and iPhone as once the dust settles, the Ministry of Industry & information will issue (3G) licenses to a newly constituted China Telecom. China Telecom will be acquiring China Unicom’s CMDA network and for the last month or so, China Telecom has been busy hiring CDMA engineers and preparing for this transition. In addition to CDMA, China Telecom may also be granted a W-CDMA 3G license. China Telecom’s move into mobile wireless – with key management, infrastructure, capital, expertise and 3G license(s) – already in place, will create an immediate and serious competitor to China Mobile. Hence, the rapid ascension of China Telecom will provide move leverage for Apple in any as yet unsettled carrier negotiations. NOTE: Apple iPhone carrier deals in China may already be in place. Yet it would not be to Apple’s advantage to leak any information prematurely. A Pacific Rim iPhone launch plan will likely be announced within the next few months.
Chang Xiaobing (photo below) the current CEO of China Unicom, is now heir apparent to China Mobile’s soon retiring CEO Wang Jianzhou
EXCERPT: The chairman of China Unicom, (0762.HK: Quote, Profile, Research) Chang Xiaobing, may become chief executive of China Mobile (0941.HK: Quote, Profile, Research) as part of a reshuffling of China’s telecommunicationindustry that is expected to begin later in May, a Hong Kong newspaper reported on Monday.
The South China Morning Post cited market sources as saying Chang would be in a key position to help out China Mobile’s chairman, Wang Jianzhou, who was chairman of China Unicom before taking his present position in China Mobile.
A change at the top is expected to take place as early as May 17, on World Telecommunications Day, according to sources.
Under the reshuffle, China Telecom’s (0728.HK: Quote, Profile, Research) chairman Wang Xiaochu could remain in his job, while Su Jinseng, director general of the telecommunications administration bureau in the Ministry of the Industry and Information, could become chief executive, the paper said.
Full article > HERE