A new national cable network company that plans to hang out its shingle by September will play an important role in the integration of telecommunications networks, cable TV networks and the Internet, China Securities Journal said.

According to the paper, the company, China Broadcast Network Co, will operate at a vice ministerial level in affiliation with the State-owned Assets Supervision and Administration Commission of the State Council.

The company will be regarded as the fourth operator, after China Mobile, China Unicom and China Telecom.