By 1997 or 1998, Japan's Ministry of Post and Telecommunications predicts, the system will be in practical use.

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China Mobile and China Telecom both descend from the Ministry of Post and Telecommunications, which operated all telephone services in China until the mid-1990s as, in effect, a personal fief of Mr Wu's.

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So far the GI practice covers only telecommunications, pharmaceuticals and the industry Carey says will be the next hotbed of post-deregulation turmoil--utilities.

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