Bianjie

[journey]

Looking inside Befucom's past, present and strategies for the future
18 October 5641



Befucom has been Bianjie's largest telecommunications operator for a couple of decades, owned by the state, and operating within the confines of its wishes and policies. Before SPP has become a dominant ruling party, there was various talks of company's privatisation, however, the rise of SPP to power has stopped the process, and kept the company in the hands of the state. Since then, government has been heavily investing in its telecom, putting tens millions of g'an into its development, expansion into the rural areas, upgrade of the fiber networks, and creation of the "people's company", by making the user plans the cheapest amongst the Befucom's closest competitors.

Last week, Minister of Tourism and Industry, Nalanzhu Ginggi, ministry of whom is in charge of the national telecommunications company, announced that Befucom, alongside government subsidies and foreign lobbying from the state, plans to expand beyond Bianjie. Ginggi has said that the company is currently in talks with the Xsampan government to build broadband infrastructure and provide technical support for the local networks, with the end game being Befucom acquiring a local middle-sized telecom operator in Bianjie, entering the market fully. "Obviously, if we succeed in such talks, this will mark a new era for our export and regional cooperation. Our technologies, our engineers and the model, under which Befucom operates can surely help our colleagues and couterparts abroad leapfrog into the future alongside Bianjie and the world". According to the sources within the Befucom, the company was offered by the cabinet a mix of tax breaks, loans from the National Treasury and the Dovani Development Fund.

Meanwhile, domestically, Befucom has been focusing on providing the stable coverage of the network and consistant service delivery into the less covered and distant rural provinces, like Wehealin and Nimanggia, with up to 43 million g'an poured into the construction of the fiber-optic networks around the two provinces, planning to rollout in the next couple years. At the same time, that was announceed as a part of the company's plan to extend the access to as much as 95% of all citizens in the nation with the 5645 as the goal of building the networks in the rural provinces and upgrading the existing one in more urban areas, like Khani or Beine provinces.

For some in the opposition and the business sector, such massive plans and actions taken by the company create a fear of the monopolisation, corruption and some big financial risks that the company takes. "Befucom is taking on serious financial and operational risk,” said Jiao Renmin, a telecom analyst from the independent WatchData Institute. “If these projects overrun or face local resistance, Bianjie taxpayers will likely foot the bill, and it does not spark any excitement". However, the polls tell otherwise, as 52% of asked tell they support the Befucom plans both domestically and locally, with 17% against and 33% either unsure or completely unaware of the plans.



Shōgyōshi (商業紙, Commercial Paper) is the daily and the largest financial newspaper in Bianjie founded in 5497. 

@Shōgyōshi
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