By TARA O’BRIENTOURT/ANIMAL PRODUCER,REUTERS|TARA O”BRIENSOUK/Associated PressFILE PHOTO: A worker looks at a Ti marketing box, which is connected to a Ti network, in an office building in the Chinese city of Wuhan, Jiangsu province, May 15, 2019.FILE PHOTO:- A Ti marketing worker, left, walks past an advertisement that advertises a company that sells Ti networking equipment at a market in Beijing, China, April 26, 2019.(REUTERS/Aly Song)TOKYO (Reuters) – Companies in the world’s biggest telecommunications markets have begun to sell their own network, a move that could pave the way for China’s state-owned telecommunications companies to compete on price and deliver the latest and greatest services, a group of top U.S. executives said on Thursday.
The announcement was a major step towards a shift in how Chinese telecommunications companies are governed, said a U.N. panel that advises the International Telecommunication Union (ITU) on global affairs.
It comes amid growing pressure from the U.A.E. to diversify its telecoms businesses away from a government-owned monopoly.
The new networks, which are designed to deliver faster and better services, will be a key element in the U to a broader overhaul of the Chinese telecommunications industry and could lead to the elimination of a government monopoly.
But the announcement is likely to spark criticism from industry executives that the plan is too little too late.
The Chinese telecom industry is in the midst of a transition, which will take several years to fully implement, according to the ITU panel.
A number of telecommunications companies have been trying to build their own networks to compete with the government-controlled China Mobile, which has been aggressively marketing its own network for years.
But they have faced resistance from regulators who say they cannot be trusted to maintain an open, competitive environment.
The industry, which already has some government oversight and oversight bodies, is worried about the pace of change, said the panel.
It has warned that China’s telecommunications regulator is not taking enough action to prevent new networks from being established.
China has also said it is developing an open internet that will allow companies to use a variety of technology and services, including free voice and data.
But some analysts believe it is too early to predict how much the open internet will affect the Chinese market.
The U.K.-based World Wide Web Foundation said the China network could have an “outright disruptive impact on the industry.”
But it said it was not a good example of how China’s network can be managed.
The ITU’s Global Internet Markets Advisory Council, which advises the global telecoms community, is not involved in the decision-making process.
The panel is expected to release a report on the Chinese telecoms market in the next three to five months, said David Pogue, the executive director of the Global Internet Forum, a U-M research institute.
A spokeswoman for China Mobile said it had nothing to add to the panel’s decision and that it was also working to promote the development of an open market.
China is a key market for U.O. and U.ES networks, but it is unclear how much competition exists between the two companies, according a UBS analyst who asked not to be identified because he was not authorized to speak to the media.
China Telecom, which also sells its own broadband network, has been trying for years to expand its reach, with new and more expensive offerings such as high-speed Internet and voice.
The move could put pressure on China Mobile as it seeks to secure new contracts to deliver its own high-end broadband network.