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Chinese Telecom Market: Overview and Analysis 2003
Parks Associates, March 2003
Headlines about the 2002 market reorganization, the IPO attempts of the two largest Chinese telecom companies, and the recent buzz surrounding 3G standards and development have attracted tremendous attentions to the Chinese telecom industry, the brightest spot in the global telecom market.
This just-in-time report offers insights and analysis from a pure Chinese perspective, and will summarize the reformation process, outline the government’s regulations as well as perspectives, analyze the new competitive landscape with special focuses on mobile and data services, describe the opportunities for access network and other equipment vendors, and make predictions about the prospects for “convergence.”
The report will also profile the background, market share, competitiveness, and strategies of the six major telecom operators.
This report summarizes:
- the reformation process
- outlines the government's regulations
- analyzes the new competitive landscape, with special focuses on mobile and data services
- describes the opportunities for access network and other equipment vendors and
- makes predictions about the prospects for 'convergence.'
The report also profiles China's six major telecom operators.
'No money to be made in a market with more than 1.3 billion people and a 7-8% average GDP growth rate? Doesn't that sound oxymoronic? Even with regulated competition in the Chinese telecom market, there are abundant business opportunities,' said Michael Cai, research analyst for Parks Associates.
'It all depends on how well you understand the market and how you tackle it. Undue optimism leads to disaster, while overly pessimistic spectators will only see the window of opportunities slowly closing. Reality and objective analysis are what counts.'
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