China Mobile plans new subsidiary,because the user base is growing at an alarming rate. That is why Nokia Siemens Networks plan to build GSM-Rail network for Wuhan to Guangzhou line.
The competition is white hot. The parent of China Mobile (Hong Kong), the country’s top cellphone operator, plans to set up a new subsidiary to run the third-generation wireless network. The new unit would mainly be in charge of the construction and layout of China’s homegrown TD-SCDMA (Time Division Synchronous Code Division Multiple Access) standard, according to a report published on the official Xinhua news agency’s Web site.
The tender for contracts to build the country’s high-speed TD-SCDMA network has risen to 26.7 billion yuan from 18 billion yuan, mainly due to rising prices for equipment, Xinhua said. The results of China Mobile’s tender to gear makers to build TD-SCDMA contracts are expected to come out at the end of April.
Having parent company China Mobile oversee the large amounts of capital flowing into TD-SCDMA projects meant the National Development and Reform Commission would be better able to steer the scale and direction of investment and support the project. NDRC is China’s top economic planner and is working with ministries to design the country’s 3G strategy.
China’s 3G rollout — now expected later this year or early next year by most analysts — has been pushed back for years.
3G Networks Coming Soon?
Posted by China Business Watch @ 5/22/2007
categories: Macro Trend
No comments:
Post a Comment