[The International Telecommunication Union announced the third generation of mobile communication standards yesterday. Our country's TD-SCDMA has officially become one of the three mainstream international standards.]
[The first year of 3G has officially arrived. Three major 3G standards will coexist in our country. Mobile broadband and multimedia services will flourish.]
[The third generation of mobile communication technology is compatible with the 2G network. Hua Xia's mobile network speed will be greatly improved.]
[Hua Xia Telecom will be restructured, and the 3G license will be officially issued soon.]
Feng Yu smirked as he read the news reports one by one.
Although Hua Xia's license had not been officially issued, many overseas service providers had started to operate the 3G network. This will have a significant impact on many mobile products.
The reason why the domestic license had not been officially issued was not because the other two mainstream 3G technology authorizations had not been obtained. It was because Yidong was the dominant company, and the Ministry of Industry and Information Technology had decided to restructure the telecom industry.
There were three 3G standards now. Then they will make three telecom companies to balance each other. Each company will hold a 3G license, and the technology standards will be different.
Also, there is a great benefit to this move. It is to promote TD-LET communication technology to become an international standard. This is a very advanced technology, and it is mainly used in the fourth and fifth generation of communication technology.
Feng Yu had told the higher-ups that the development of network communication technology will get faster, and soon, the 4G standard will appear and be implemented. Hua Xia was already slow in this aspect.
Since this is the case, Hua Xia is prepared to skip this stage and directly take the lead in 5G. This will once again break the monopoly of Europe and the US on communication technology.
At this time, Hua Xia Telecom is preparing to restructure, and Yidong will be weakened. The company's development had been too fast in the past few years, and it had seriously suppressed the development of Unicom and Cell.
When Yidong and Unicom were split up, many people were not willing to join them. Now, all of them regretted it. Yidong's benefits were too good.
Yidong had also developed the fastest under Young Master Lu's leadership. It had grown into a world-class telecommunications operator, and its scale is very large.
But this will allow Yidong to have a monopoly, and this is not allowed by the higher-ups. The reason why there are so many operators is to prevent a monopoly. In the event of an accident, there would be a backup.
Therefore, this time, Yidong suffered the most. They were assigned a relatively backward TD-SCDMA technology license. After half a year of trial operation, they found that the market for this standard mobile phone chip was not mature. Compared to the other two standard chips, its performance was too poor, and it could not reach the theoretical speed at all.
Fortunately, Yidong Company had also thought of this. They also knew that they would be targeted during the restructuring of the telecommunications companies. Therefore, when the 3G trial operation began, they began to cooperate with some mobile phone chip developers to develop mature and cheap TD-SCDMA chips.
In Feng Yu's previous life, Yidong Company's 3G business development was not as good as Unicom, and it was not even as good as Cell Company.
Perhaps the situation would improve in this life, but the outcome would be hard to predict. The biggest problem was when this technology was introduced, the higher-ups had purposely pushed aside Wind and Rain Mobile and Aiwa Mobile Phones. They had chosen to support other Chinese mobile phone manufacturers.
But how can other mobile phone manufacturers' technologies be compared to Wind and rain and Aiwa? Which mobile phone manufacturer does not have support for these technologies?
No matter how advanced your standards are and how many operators you support, if all the mobile phone manufacturers do not support you, you will not be able to make money.
Yidong Company also received some compensation. That was to merge all of Tietong's businesses into their company.
Yidong Company also thought of a solution. They will continue to speed up their 2G network development. Anyway, when the network is upgraded to 3G in the future, they will be able to reduce their investment.
At this time, Tongtong was being doted on by thousands of people. Not only did they sell their CDMA plan, which was not doing very well, to the Cell Company, but they also planned to merge with Netcom, which owned the fixed network business in ten northern provinces. Moreover, they planned to get the 3G license, which was the most mature technology and had the most users, as well as the widest range of WCDMA license.
This WCDMA standard was the most common standard in Europe, and it was also widely supported by Japan. In Feng Yu's previous life, Hua Xia had the best development.
The Cell Company obtained the CDMA network that originally belonged to Tongtong, as well as the CDMA2000 3G standard license that was vigorously promoted by the United States and Korea.
But the CDMA patent belonged to Qualcomm, and only Qualcomm and Verizon could produce CDMA chips. This caused the cost of CDMA phones to be too high. All the mobile phone manufacturers in the world, including Wind and Rain Mobile Phones, were not interested in CDMA phones.
Luckily, Cell Company still had their original fixed network business. This was their traditional advantage. But Cell Company does not have enough funds to acquire the CDMA network, and they need the higher-ups to allocate funds.
The Ministry of Industry and Information Technology will not allocate funds. The five telecom operators will be reduced to three, and they will be reducing their expenses. The Ministry of Industry and Information Technology had decided to let Yidong Company fork out a sum of money. This was called resource allocation.
After this, Hua Xia will be able to promote 3G and start to set up the 3G network.
To carry out the restructuring, the shares of these listed companies must be suspended. At this time, many people noticed that Hua Xia's state-owned assets had acquired most of the outstanding shares of these companies, including most of the American depositary shares.
Once the restructuring is completed, these companies will be re-listed in China, and this will stimulate Hua Xia's stock market.
Not only in the telecom industry, but also in the energy, electronics, industries, etc. Hua Xia's overseas listed companies were planning to be delisted.
Getting listed overseas was the same as Feng Yu's idea in the past. Borrow foreign funds to develop their own companies, and when they have money, they will buy back their shares to be delisted and return to China to be listed.
There was another benefit to delisting now. The stock market in the US had been falling, and Hua Xia's shares had fallen. This was also the higher-ups' tacit approval for Feng Yu to do this.
Not only can Hua Xia's state-owned assets save money when buying back their shares, but it can also hit the US stock market and affect the US economy. This was killing two birds with one stone.
During this period, China's telecom companies are focusing on improving their technologies, especially the research and development of patented technologies. They must speed up, and they can't keep paying patent fees to others. They must work hard to become the ones collecting patent fees.
Feng Yu picked up the phone. "Old Liu, start to introduce our 3G products."
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