China issues telecom licenses to 166 foreign firms

China has granted 166 foreign-invested companies licenses to provide value-added telecommunications services, including internet data centers, internet access services, and information services, as part of efforts to expand the openness of the telecommunications sector. This move comes after the issuance of the first batch of licenses in February 2025 and aims to remove restrictions on foreign ownership stakes in the region, facilitate the entry of foreign companies into the Chinese market, and improve the diversity of services offered to consumers.

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