Q+A: China on cusp of 3G and billions in spending
China last week approved long-awaited licenses for next generation (3G) mobile networks, whetting investor appetites with the promise of major new orders for equipment makers and revenue for network operators.
The new licenses will see dominant player China Mobile (0941.HK) forced to build and operate a 3G network based on a home-grown experimental technology, called TD-SCDMA.
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