State subsidies of China Telecom 30 billion is not very reasonable

Today, "South China Morning Post" reporter interviewed me, I listen to the SASAC will invest 30 billion subsidies rumors of China Telecom's views. I personally feel that this particular rumor is not justified. SAC to subsidies to China Telecom, there is a need for this reason. Now the truth in what » China Telecom to buy China Unicom's network C prices were too high, in order to allow SAC to 10%, China 30 billion to subsidize » I think this is not a special justifiable reason. State subsidies to enterprises is, of course, can, if it is an emerging industry that needs support. State subsidies for certain, this is justified, the telecommunications industry has long been the development as early as the beginning of the period, China Telecom now Yunying Ye 800 billion a year income, profits have crossed 80 billion, China Telecom is in itself a year of profits 10 billion enterprise, is not the early stage of development needs of state subsidies. If China Telecom shoulder of the TD-SCDMA, which is the national strategy for long-term strategic development is important, so the state should subsidize, but the TD is now done by the China Mobile. For an income, profits of enterprises is very good, it is necessary to carry out subsidies, it is because the reorganization completed as soon as possible » If it really be so, the public may have to be Masi. A few hundred billion to subsidize profit to a very good state-owned enterprises. Now Wenchuan earthquake relief to the current 30 billion, not to bar » In addition, if the subsidies, the money is who is going to, the SAC itself the money come from » If this is the central financial authorities, the money is not a small figure, the SAC may no right to decide their own bar » This year the country faced a lot of major issues, the great financial pressure on the circumstances, where one can come up with 30 billion of funds » For China Telecom, to raise funds to buy C network can be sold bonds in the capital market for financing. From state subsidies, which more than 10 years has not appeared before. The specific situation, I do not know, may be judged not normal, but to my knowledge, this rumor is not particularly justified.