A consortium led by Mobile Telecom Network (Holdings), a Hong Kong based group, will this year be granted the second fixed line telecommunications services license for Macau, the Director of Telecommunications Regulation Services, Tou Veng Keong, told Rádio Macau.
The consortium, which includes telecommunications equipment company ZTE – the main investor – was the only candidate for the public tender launched in 2012 by the Macau government to grant two new licenses for installing and operating a public fixed line telecommunications network.
“At the moment I see no problem with licensing this candidate and we are now only waiting to receive additional information,” said Tou Veng Keong.
According to its website the Mobile Telecom Network (Holdings) group has offices in Guangzhou, Beijing and Taiwan and is a pioneer in mobile telephony services in Asia.
On applying for the license the Chinese group said it would invest 1 billion patacas (US$125 million) in Macau and create 800 jobs. (macauhub)