BT first foreign telecom company to secure China licenses

BT Group has secured nationwide licenses in China, becoming the first foreign telecommunication company to do so in the Asian economy. The two “value added licenses” will allow the UK telco to directly contract and bill customers in the Chinese market.

Awarded by China’s Ministry of Industry and Information Technology, the licenses also would enable BT customers in the country to be billed in their local currency, said BT in a statement Friday.

The nationwide Domestic IP-VPN license and Internet Service Provider license marked a “major step” for BT in China, the telco said.

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Source: ZDNet