BT Group Plc has become the first non-Chinese telecom company to receive nationwide licenses to operate in China, the company says in emailed statement.
BT received two licenses: a China nationwide domestic IP-VPN license and a China nationwide ISP license.
This enables BT China Communications Ltd. to contract directly with customers and bill them in local currency.
The company said it welcomes this “major step for BT in China” as multinational BT customers require secure and reliable connectivity to expand within the country.
The deal was reached based on cooperation between the Chinese government and U.K., says BT Global Services...