China Broadband in letter of intent over Chongqing service
China Broadband Corp. subsidiary Big Sky Network Canada Ltd. will supply capital, management and technology to Jitong Network Communication Co. Ltd.'s network in Chongqing, according to a letter of agreement.
Jitong has a 1,500 km metro area network in the west-central China city. The two intend to deploy first in the city core — some 160,000 households of the city's 30 million population — and expand later.
The two expect to complete negotiations on their contract within 30 days.