Regulations for Administration on Fixed Network Telecommunications Business Article 19

The effective period of the approval for establishment for various categories of the fixed network telecommunications businesses is as follows:1. Integrated network business: seven years.2. Local network business: four years.3. Long distance network Business: four years.4. International network business: four years.5. Domestic local and long distance land cable leased-circuit business: two years.6. International submarine cable leased-circuit business: four years.After June 30, 2004, the effective period of the approval for establishment for integrated network business is five years, which is not applied to Item 1 of Paragraph 1.In the case where an applicant fails to complete the establishment and to obtain the concession license according to the relevant regulations before the time limit set forth in Paragraphs 1 and 2, it shall provide the reasons and apply to the competent authority for an extension prior to the lapse of the time limit. The extension shall not be longer than one year and shall only be made once. In the case of the lapse of the time limit, the competent authority may abolish the approval for establishment, and forfeit the performance bond and its interest or notify the bank providing guarantee to honor its performance guarantee.