The broadcasting regulator of China has submitted a proposal to the State Council for the establishment of a national company to lead the integration of cable networks. The move is the latest step toward long-planned integration of media networks.

The plan, proposed by the State Administration of Radio, Film and Television (SARFT), is awaiting State Council review, according to reports. Funding for the new company would mainly come from the Ministry of Finance. To create the new company, local cable assets would gradually be merged.

The plan to establish a national cable company was initiated in early 2010, when the State Council issued a policy to combine the China’s TV, telecom and Internet networks by 2015.

Other posts by :

1. Rakuten makes historic satellite video call
2. Rocket Lab confirms D2C ambitions
3. Turkey establishes satellite production ecosystem
4. Italy joins Germany in IRIS2 alternate thoughts
5. Kazakhstan to create museum at Yuri Gagarin launch site
6. AST SpaceMobile gets $42 or $1500 price target
7. Analyst: GEO bloodbath taking place
8. SES AGM results: Appaloosa still objecting
9. SpaceX’s Shotwell worth $1.2bn

Categories: Articles, Cable, Policy, Regulation