China Mobile to invest 15 billion in China Railcom

FOR IMMEDIATE RELEASE
(Free-Press-Release.com) December 14, 2010 -- Beijing, China, Dec.13, 2010 – China Mobile will invest China Railcom 15 billion build funds for broadband construction. This means that since two years reorganization of the telecommunications industry, it is the first time that China Railcom has a clearly strategic development goal.

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China Mobile to invest 15 billion in China Railcom

China Railcom will set up two broadband brands, one is for high-end user, they can fiber access; the other is the low-end corporate customers, mainly home users. It is understood that the high-end group is not care about user charges, especially business users in finance, insurance and other industries, but require for very high security. For low-end home users, according to China Mobile's plan, China Railcom will do all he can, it can’t, China Mobile will act as agent.

China Mobile Group Official said, the broadband market has great potential, China Railcom not head-on confrontation with China Telecom, China Unicom in the overall market. It will concentrate its limited resources and make key breakthrough, and not in full swing. This strategy, apparently solve China Railcom the limited bandwidth fund restrictions.

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