According to an official document released on October 27 by the Anti-Monopoly Bureau under China’s State Administration for Market Regulation (SAMR), internet giant Tencent and state-owned telecommunications operator China Unicom have gained unconditional approval to establish a joint venture following the completion of a review on October 18.
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Tencent and China Unicom Approved to Set Up…
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According to an official document released on October 27 by the Anti-Monopoly Bureau under China’s State Administration for Market Regulation (SAMR), internet giant Tencent and state-owned telecommunications operator China Unicom have gained unconditional approval to establish a joint venture following the completion of a review on October 18.