Telecom chair probed for corruption
Chang Xiaobing, the chairman of China Telecommunications Corp, the country’s third-largest telecom carrier, is under investigation for suspected serious disciplinary violations — often a reference to corruption-related crimes.
He is the highest-ranking official fromthe telecomsector to date to be investigated under the antigraft campaign.
Chang’s investigation was announced on Sunday by the Central Commission for Discipline Inspection, the top antigraftwatchdog.
He took the helm of the Stateowned company in August after heading China United Network Communications Group, the years.
Experts said the investigation of Chang has much to do with his tenure at China Unicom, where he masterminded the company’s efforts to develop country’s secondlargest carrier, for 11 third-generation communication networks.
In November last year, two senior executives from China Unicom were investigated for suspected violations of laws and regulations.
Xiang Ligang, founder of the telecom industry website cctime.com, said the investigation of Changwill have a limited impact on China Telecom’s business.
“Chang arrived at China Telecom in August and has hardly announced any company strategies and concrete plans yet. So his case will not affect the company’s efforts to roll out 4G networks,” he said, adding that China Telecom’s “stable” internal systems can keep daily operations in order.
The investigation comes amid rising market speculation about a possible merger between China Telecom and China Unicom, which are joining hands to compete against China Mobile Communications Corp, the country’s largest carrier by subscribers.
Earlier this month, China Telecom and China Unicom called for the standardization of smartphone technologies shortly after signing a deal in October to jointly construct 4G base stations and share 4G resources.
Chang Xiaobing, chairman of China Telecom