The three major telecom operators may finalize the structure of the tower company, raising doubts about its future development prospects.

2017-12-28

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On July 11, according to reports from China National Radio Technology (Reporter Zhou Tao), the three major telecom operators are set to finalize and announce specific details regarding the Tower Company today, including registered capital, company nature, shareholding ratios, and company executives. Reports indicate that the Tower Company is not under the State-owned Assets Supervision and Administration Commission and does not hold a "vice-ministerial" level, and will operate in a market-oriented manner.

China National Radio Technology reported on July 11 (Reporter Zhou Tao) that according to media reports, the three major telecom operators will finalize and announce the specific matters of the Tower Company today, including registered capital, company nature, shareholding ratio, and company executives. The news states that the Tower Company does not belong to the State-owned Assets Supervision and Administration Commission and does not have a "vice-ministerial" level, and will implement market-oriented operations.