Caixin OnlineBusiness & IndustryTop Stories Industry Telecom Operators to Reach Reconciliation with Antitrust Probe
11.21.2011 20:10

Telecom Operators to Reach Reconciliation with Antitrust Probe

The two telecom carriers may admit wrongdoing as part of a deal struck with the NDRC
By staff reporter Cao Haili
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(Beijing) -- Following a monopoly investigation by the National Development & Reform Commission, China Telecom and China Unicom are likely to soon reach a deal with the investigator, Caixin has learned from a source close to the matter.

The two state telecom carriers may admit wrongdoing and promise to clean up their act, bringing an end to the antitrust probe by the NDRC, the country's top economic planning body, according to the source. 

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