Monopoly in telecom sector must be ended

Many users have called the price-reduction plans of the three major telecom service providers - China Mobile Communications, China United Telecommunications and China Telecom - "insincere" and "ill-designed". Following the call of Premier Li Keqiang for cheaper and faster Internet connections in the country on Wednesday, the telecom giants on Friday promised lower rates for their new cellular packages, but have offered favorable prices only for services in the evening when most people stay at home and have wifi connections. Comments:

The telecom service providers' plans to cut prices should be the beginning of deepening reform and transformation of the country's monopoly industries. In its aftermath, many more State-owned enterprises will be forced to cut the prices of their products and services, because gone are days when they could exploit favorable policies to rake in huge profits.

Daily Sunshine, May 17