It has been more than two years since the first batch of three network integration pilots, and the biggest bottleneck that has troubled the three network integration-the two-way entry license problem has finally broken through.
On October 17, Dianguang Media (000917.SZ) issued an announcement saying that its wholly-owned subsidiary Hunan Cable TV Network (Group) Co., Ltd. recently received the "About the approval of Hunan Cable to develop a cable TV network based on the Reply to Internet Access Services, Internet Data Transmission Value-added Services, and Domestic IP Telephone Services â€(Ministry of Industry and Information Technology [2012] No. 456), agreed to Hunan Cable to develop Internet access services based on cable TV networks in Changzhutan area, Internet data transmission value-added services, domestic IP telephone services.
Tianwei Video, another radio and television operator, also received a similar approval from the Ministry of Industry and Information Technology.
According to the reporter's understanding, the Ministry of Industry and Information Technology has also given approval to the preparation for the establishment of China's fourth largest operator, China Radio and Television Networks (hereinafter referred to as: State Grid) in the past two years.
It is reported that the newly formed State Grid Corporation will be funded by the Ministry of Finance with 4 billion yuan as the start-up registered capital, and the Ministry of Industry and Information Technology has promised to give the new company the same treatment as other telecommunications operators in terms of basic operator licenses and international Internet exports. The personnel of the State Grid preparatory team who returned to the original units have returned to the preparatory team to prepare for the final work before listing.
Two breakthroughs
According to the latest announcement of Dianguang Media, Hunan Cable, which has basically completed the integration of the provincial network, will apply to the Hunan Provincial Communications Administration for the record in accordance with the approval issued by the Ministry of Industry and Information Technology. After the record is completed and the specific value of the Internet data transmission value-added service and the domestic IP phone business are specified After the business scope and content, the value-added telecommunications business will be promoted from the Changzhutan area, one of the first pilot cities.
Although the financial and technical strengths of telecommunications operators in various regions are significantly stronger than those of radio and television operators who have just started, obtaining equal broadband and fixed IP phone and other value-added telecommunications business qualifications for the previous national broadband users with less than 5 million broadband television Operators are a breakthrough. After obtaining the license, the radio and television operators only need to pay the telecommunications operators such as international broadband export leasing, and can rely on the low-cost operation model to grab the share of value-added telecommunications services from the telecommunications operators.
Bao Ran told reporters that although many cities have started pilots for the integration of the three networks, it is impossible for radio and television operators to make broadband without obtaining a license, because most of the profits will be handed over to telecommunications operators as leasing fees, while China The launch of national broadband upgrades such as telecommunications has also caused a large loss of original broadcast broadband users.
On the issue of two-way entry, both parties to the long-term confrontation have made concessions. For radio and television, obtaining a value-added telecommunications business license is a brand new start, and the IPTV business of telecommunications operators has also gradually obtained the transmission business license of the State Administration of Radio, Film and Television in the pilot cities, plus cooperation with BesTV and CNTV, which have content and broadcast control licenses. , Users have expanded from less than 8 million before the pilot to the current 28 million households.
The other important task mentioned in the three-network integration pilot program was to lead the establishment of the China Radio and Television Network Company by the State Administration of Radio, Film and Television. The program has been revised many times in the past two years, and now it has finally made a breakthrough.
Initially, the 80 billion yuan financial injection plan proposed by the State Administration of Radio, Film and Television was rejected at the end of last year. After adjustments, the Ministry of Finance will only be responsible for the initial funding of the initial investment, and the amount of funding dropped to 4.5 billion yuan. This plan was approved by the three-network integration working group before the two sessions this year, but the next step is the approval of various ministries and commissions.
There have been rumors that the State Grid Corporation will be officially listed at the end of June, but due to the continuous extension of the approval process of various ministries and commissions, the approval will not be basically completed until the beginning of October. The source told reporters, "The Ministry of Industry and Information Technology has been delayed for a long time, but it has been officially approved recently, and promised to grant the new company a basic operator license."
State Grid chips
After the listing of State Grid Corporation, in addition to continuing to contribute to the improvement of the main line network, it is more important to include the radio and television operators in various provinces that have completed the integration of the provincial network, and the 4 billion yuan of start-up funds is obviously a lot of money.
Some radio and television industry experts said that initially the State Administration of Radio, Film and Television hoped to use financial appropriation to complete the acquisition of assets of cable network companies around the world, but the final financial appropriation was only 4 billion yuan. The way to promote integration is basically impossible.
The listing is only the first step in creating the main body of market competition. State Grid Corporation has to fight against telecommunications operators with assets of hundreds of billions of yuan. It is impossible to use a decentralized regional operator model.
State Grid's basic network operator license and international Internet export will be an important tool for attracting broadcast and television operators everywhere. Although Tianwei Video and other companies have obtained the qualification to carry out telecommunication value-added services, they have not obtained basic network operators. There are no licenses and no international broadband exports. State Grid is still an important means of developing value-added telecommunications services.
For broadcast and television operators in various regions, it is a good choice to include the State Grid Corporation that will be formed through capital alliances, especially in the central and western provinces that have completed the integration in the early stage and lack the financial strength, such as Guangxi and Guizhou. Provincial Grid, they are expected to become the first batch of State Grid integration targets, and Guizhou Provincial Grid Corporation's former general manager Li Guimin is the deputy leader of the State Grid preparation group.
For State Grid, the most difficult to integrate in the future should be the cable operators of eastern provinces that have been listed or are actively preparing for listing, such as Gehua Cable, Dianguang Media, and Jiangsu Cable and Guangdong Broadcasting Network, which are preparing for listing. These companies The evaluation of future assets according to market prices will be a huge challenge for State Grid.
In addition, before China Mobile had long-term negotiations with the State Administration of Radio, Film and Television, it had been rumored that it planned to participate in the formation of State Grid, but this plan has not made any progress since May this year, the source told reporters, "China Mobile has been Participated in the preparatory work of State Grid, but there is no news as to whether to buy shares. "
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