China’s decision to greenlight over 100 foreign-invested telecommunications entities to pilot value-added services (VAS) in the country could be a major boon for some multinationals, though its impact on the domestic market is likely to be limited, according to industry analysts.The Ministry of Industry and Information Technology (MIIT) said on Wednesday that it had approved licences for 166 foreign companies since February last year, covering VAS sectors including internet data centres,...