The State-Level Cable Network Company Will Be Listed As Soon As Possible In September.

According to authoritative sources,

Some brokerage industry researchers believe that the listing of national cable network companies is right.

Fourth operators will be born.

According to the latest establishment plan, the name of the company is "China Radio and TV network company", which is subordinate to ministerial level and belongs to the state-owned enterprise managed by the SASAC.

From the administrative level, we can see that as the main body of the broadcasting system participating in the triple play competition, the company is equal to the three major telecom operators such as China Mobile (micro-blog).

In 2010, after the State Council announced the pilot scheme for triple play, the establishment of a national cable network company was put on the agenda. The SARFT established a preparatory group headed by deputy director Zhang Haitao.

Zhang Haitao is currently Deputy Secretary and deputy director of the Party committee of the General Administration of radio and television. He has always been a member of the State Administration of radio and television, and is the first chairman of the company.

The former plan put forward that the state finance will invest 100 billion yuan in capital for the national cable network company, but the plan is rejected by the relevant departments.

"The competent departments are mainly supportive of policies, and they want to revitalize the assets of broadcasting and TV systems. It is difficult to give 100 billion yuan of funds at once. After all, when the China Unicom (micro-blog) was founded, the registered capital of the state finance was only a few billion yuan."

Insiders said.

Asset consolidation may take three steps.

The listing of national cable network companies is only the beginning, and more importantly, the integration of network assets in the future.

National cable network companies may take three steps to integrate assets.

First, the Ministry of Finance and the central trunk line are invested in the form of currency and participate in the establishment of a national cable network company.

Secondly, the assets of the provincial network have been assessed and injected into the national cable network company.

Guangxi, Guizhou and other assets that have already completed the provincial network integration may be injected in advance.

The third step is to integrate the assets of the listed cable TV network companies, and the national cable network companies finally choose the right time to list.

The previous plan is to integrate all provincial radio and television networks first and then join the national cable network company.

At present, the provincial network companies are seriously integrated.

The SARFT issued a number of opinions on accelerating the development of radio and television cable networks in 2009, requiring the provinces to complete the provincial network integration before the end of 2010, and basically realize "one province, one network". On this basis, a national cable operator will be set up.

From the perspective of reality, the integration of provincial and provincial networks has slowed down due to the interest game. As of May this year, nearly 10 provinces and municipalities have not completed.

In recent years, cable network companies such as Guangdong, Hubei and Shaanxi have been listed on the IPO or backdoor mode. Their strength has increased greatly, but it has exacerbated the difficulty of integrating the national cable network companies in the future.

Some brokerage researchers believe that due to the urgency of network integration, part of the regional network company's future asset injection is expected to be stronger.

At the same time, under the policy of "one province and one network", some provinces and municipalities may also take regional listed companies as platforms to package the network assets of the whole province into listed companies.

In addition, in the previous provincial network integration, basically the county level cable assets entered the provincial network, while the rural cable TV network did not enter the provincial network.

Radio and television industry expert Wu Chunyong said, compared with the county level, the main body of rural cable TV network is more diversified, and the integration process is extremely complex.

The new scheme has not yet touched upon the positioning and integration of Rural CATV networks.