Chang Xiaobing, the chairman of the telco China Telecommunications Corp (China Telecom), came under investigation last December under suspicion of serious disciplinary violations, which in the local legal lingo usually means corruption-related crimes. Mr Chang is the highest-ranking official from the country’s telecom industry to date being investigated for corruption.
10 March 2016 By Marius Dragomir
Telecom behemoths drive technology advancement and help to grow the digital economy. But many of them have serious problems with reining in corruption. Asia leads in that category.
But that was not the first corruption investigation case in the Chinese telecom sector. In November 2014, two top executives from China United Network Communications Group (China Unicom), the second largest telco in China by number of subscribers, came under investigation for a slew of legal violations.