China Telecom Companies Pledge To Stop Monopolistic Practices
hackingbear writes "China's two telecommunications giants, China Telecom and China Unicom, announced Friday they will substantially raise their broadband speeds while further lowering broadband costs by 35% over the next five years. They also acknowledge the existence of monopolistic practices in reply to a recently launched investigation, which is the first of its kind against major Chinese state-owned enterprises. Being state-owned companies, their profits supposedly belong to the nation, but they have also become 'golden rice bowls' for their management and employees, and their supervising departments and officials." If the Chinese government would like to investigate these companies' monopolistic behavior, I have a suggestion on where to start looking.
Slashdot moderators pledge to stop first post.
We can show you how to have a duopoly instead!
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So this is probably a move by the Chinese government to expand internet access to more people.
Actually, this story was translated incorrectly. It reported that the Chinese telecoms promised to "stop monopolistic practices".
The correct translation is that they promised that they would "not come in your mouth".
See, Chinese is a very difficult language, and there is always a subtext.
You are welcome on my lawn.
They are lowering their broadband costs by 35%, but what about their prices?
in fonts where m looks like rn.
Yep, in Canada is different, we are capitalist country, without monopoly, and with free market, and.....actually with only two big telcos, but don't say that they are de facto monopoly, as we live in free country. No, no and NO. And the little fact that these two big non-monopoly free market companies are pushing the government to accept some bills which could effectively kill any competition is just naked, communist, anti-capitalist lie.
LOL... corrupt government is corrupt
Just wait till they start storming your country a la Red Dawn.
Gee, the article kinda sounds like it's talking about AT&T and Verizon. Except the part about them promising to raise bandwidth while lowering costs. "Golden rice bowls" definitely applies.
"The only normal people are the ones you don't know very well."
What is amounts to is that America is about to keep them out of here due to their spying, but they are hoping that if we they open up what should NEVER have been blocked in the first place, that we will not close them down.
At this time, it is in the west's best interest for us to kill that idea as well as start raising trade barriers unless they will start honoring their treaty obligations.
Hopefully, O will not be as stupid or greedy as W/neo-cons were.
I prefer the "u" in honour as it seems to be missing these days.
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What next? "'The Cool, Fresh Taste of Marlboro Cigarrettes is the Opiate of the People' -- Karl Marx".
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As an internet developer in China, I can tell you that the duopoly posed by these two companies is wrecking havoc on the Chinese internet. First, a bit of history:
Around 2001, there was only one company controlling most of China's internet access, and that was China Telecom. Jiang Mianheng, the eldest son of the Chinese President at the time, Jiang Zemin, took in hundred of millions in investment to start a new telecommunications company, China Netcom. They struggled for a while trying to compete, but China Telecom's dominance prevented them from getting much headway in the market. Jiang Zemin then used his massive leverage to break up China Telecom, and give 1/3 of its business, all in northern China, to China Netcom. This caused serious enmity between the two entities. Eventually China Netcom was purchased by China Unicom, the second largest mobile provider in China. So now you have China Telecom and China Unicom as the two major telecommunications entities in China.
Do to the bad blood between the two, the connectivity between the Unicom and Telecom backbones is utter shit. International lines are connected through Telecom's backbone through Shanghai and other hubs further south, so if you are on Unicom, expect international connections to be utter shit. I'm in Beijing, and most home and small business connections are on Unicom. 90% of the time international connectivity is slow or non-existent.
We have clients in Shanghai, which is mostly Telecom, our server is on Unicom here in Beijing, and they get dropped connections 1 out of every 5 or 6 requests. We had to set up a proxy in Shanghai to get around this. If you do a traceroute from a Unicom ADSL connection to a Telecom server, you can see response times jump to 300-400ms where the hand-off occurs.
It's fucking infuriating. You basically have to either build a convoluted topology and set up some serious monitoring, or pay exorbitant extortion fees and get on a BGP network to have solid nation-wide service for your customers. As a small start-up we are opting for the first for now.
Hopefully this government probe will also deal with these sorts of deeper issues as well, because these problems are seriously crippling the Chinese internet as a good place to do business.
LS
There is a fine line between being a cultivated citizen and being someone else's crop. - A. J. Patrick Liszkie
As a long term expat in china its nice to see some improvement in the Speed department. The internet here is besides being censored just slow here compared to...well somalia maybe. it also depends on location for example if your in BJ you can get (for $$$) lightningfast internet. But just outside the provincial border (hebei) its like 56k on good days and it does not matter how much you pay.
But i dont think its all greed. If there is the choice between malice and stupidity its usually the latter. China became a Developed country overnight, the roads and city designs are a great example of that. in 2006 the city of ningbo was just a well designed clean, nice and modern city. Today its still a modern city however with a 24/7 traffic jam. The internet is kinda like that. The existing infrastructures where not designed for THAT many people expecting Highspeed internet.
In soviet China, the government owns the largest corporations