The Real Telecom Battleground in
By Dali Yang
(4/5/99) As American
and Chinese negotiators haggle hard over terms for
When
Taking AT&T to Heart
Such easy money
attracted competitors. Whereas MCI
fought AT&T in the courts,
A key element of
Unicom’s battle with China Telecom has been technology. In the early 1990s,
Telecom introduced cellular phone service using analogy technology. To compete
with Telecom, Unicom launched its cellular services using digital GSM
technology. This prompted Telecom to speed up its own adoption of the GSM
standard. As a result,
Bureaucratic support
and new technology have so far not been enough for Unicom to thrive. Taking
AT&T’s history to heart, China Telecom has made Unicom’s life as miserable
as possible. It has lowered prices where it directly competed with Unicom and
delayed interconnections for Unicom’s investments. Though Unicom’s bureaucratic
backers used their co-equal status with the MPT to veto a draft
Telecommunications Law that would have given the MPT too much power, the MPT
had de facto regulatory power. Even after MPT merged with the Ministry of Electronics,
one of Unicom’s supporters, to form the Ministry of Information Industry, the
MII continued to champion monopoly.
The Challenge to
While China Telecom
has maintained its dominance in both fixed line and cellular services, it has
rapidly lost the war of public relations. Consumers and the media have
complained bitterly about Telecom’s high prices, including international calls
that cost far more than in other countries. In 1998, a retired Chinese
professor gained national sympathy when he likened China Telecom’s collection
of the huge telephone installation fee to the hypothetical case of railways
charging a separate fee for building railways.
Netizens in
Such arguments have
captured the imagination of Premier Zhu Rongji, who
has since assuming office worked tirelessly to stimulate demand by reducing
exorbitant fees and power prices for rural consumers. Overriding MII Minister’s
Wu Jichuan’s defense of monopoly, Zhu has vowed to
bring telecom charges down more rapidly and believe more competition will help
achieve such a goal. As a result, China Telecom will be broken up into four
companies of fixed telecommunications, mobile communications, paging and
satellite communications.
Yet the real
challenger for China Telecom may be coming from cable television operators. In
the past few years, under a mandate issued in 1990 by the State Council,
Cable on the Rise
There has been a
dramatic acceleration of cable TV infrastructural building. The number of cable
television subscribers has risen from 13 million in 1990 to more than 80
million in 1998, far exceeding earlier projections. In urban areas such as
The MPT quickly became
concerned about cable's aggressive expansion. In 1996, the MPT appealed to the
State Council for authorization to integrate the cable and telecom networks.
Both
In the meantime, the
broadcasters have been eyeing telecommunications developments in other
countries. This is because, with digital technology, the same fiber-optic cable
that is presently used to carry cable television signals can also be made to
carry telephone calls, transmit data, and offer video and internet services. In
the
85 Yuan per Month
The arrival of data
communications seems to provide cable operators with the crucial opening to
directly compete with China Telecom. Whereas connections via China Telecom are
presently slow and expensive, some regional cable operators have begun to offer
fast and inexpensive internet services. In
As an indication of
the competition to be unleashed, the cable industry decided in March to
establish the China Cable TV Network Group Co. in preparation for the breakup
of China Telecom. Once Telecom is broken up, it would be hard for telecom
regulators to refuse Cable’s entry into telecom services. With its huge
subscriber base, Cable may very likely emerge as the most formidable competitor
to China Telecom.
It is the duty of
American negotiators to get the best deal for American investors. So far the
Chinese side has agreed to eventually allow foreign investors to take up to 35
percent of a telecom company (the American side wants 51%). This is a major
concession given that telecommunications "deregulation" has been a
recent phenomenon even in the
The Real War
Nevertheless, no
matter how much the Chinese leadership will open up the telecom industry to
foreign investment, the real war for the future of the Chinese telecom industry
is being fought within
The structure of
government interests and the emergence of new technology augur well for
competition. Though Chinese multimedia remains at a nascent stage, it appears
that
Originally
appeared in www.chinaonline.com April
5, 1999.