(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.