Core Viewpoint - CITIC International Telecom announced a supplemental agreement between its subsidiary Macau Telecom and the Macau government, extending the original franchise contract until September 30, 2027, from the previous expiration date of September 30, 2025 [1] Group 1: Contract Details - The supplemental agreement allows franchise assets to become the property of the Macau Special Administrative Region starting October 1, 2025, while Macau Telecom will continue to use these assets [1] - From the same date, these assets will be made available to other public telecommunications operators in Macau under the principles of "fairness, transparency, and user payment" [1] - Macau Telecom will charge fees for the use of these assets outside of the franchise business [1] Group 2: Management and Future Development - Starting January 1, 2026, Macau Telecom will assist the government in managing these shared assets [1] - Ongoing negotiations will address unspecified details related to the agreement [1] - The company believes that this extension will benefit the future development of Macau Telecom and continue to support the social development of Macau [1] Group 3: Stock Trading Resumption - The company has applied to resume trading of its shares starting from 1 PM on September 18, 2025 [1]
中信国际电讯下午复牌