C114 News on July 9 (Yue Ming) According to industry insiders, the Ministry of Industry and Information Technology has recently issued a new basic telecommunications business license to CITIC Networks Co., Ltd. (hereinafter referred to as "CITIC Networks"). Will be allowed to engage in Internet domestic data transmission business.
According to the "Catalogue of Telecommunications Services", Internet domestic data transmission services belong to the first type of basic telecommunications services, which means that operators can establish Internet backbone networks and metropolitan area networks, and can use the corresponding operating rights to operate The Internet data transmission service provided by the Internet International Gateway of the Internet.
According to the content of CITIC Network’s official website, CITIC Networks already owns the second-category basic telecommunications services for renting and selling network elements and satellite transponder renting and selling services (license number: A2-20070004), Domestic very small-aperture terminal earth station (VSAT) communication service; the second categoryInternet access services (license numbers: A2, B2-20070299) and other relevant license resources in value-added telecommunications services.
According to public information, CITIC Networks was established in March 2000 as a wholly-owned subsidiary of CITIC Group, with a registered capital of RMB 4.4 billion. CITIC Networks has the nationally approved basic telecommunications business operation qualification, has a nationwide optical fiber backbone network "Pentium One", and has invested in and participated in a number of other network resources. It is the only fixed network other than the three basic operators. Basic telecommunications service operators with legal operating qualifications for dedicated circuit services. Two years ago, CITIC Group listed on the Beijing Stock Exchange for 49% equity in CITIC Network. After fierce equity bidding, Beijing Yingtong successfully won with a price of 7.818 billion yuan.