Ericsson AB and ZTE Corp are among phone-equipment makers that will be buffered against the global recession next year by the expansion of wireless networks in China and India, according to industry executives.
“Every industry in the world is cutting, but here is one where you are seeing the commitment to see the spending continue,” said [...]
The Ministry of Industry and Information Technology yesterday required telecom carriers to issue 3G licenses to TD, WCDMA, and CDMA 2000 telecom networks operators within this year.
China’s telecom industry has slipped into recession as a result of the global financial crisis. The ministry originally planned to issue three 3G licenses to China Mobile, China Telecom [...]
Ericsson AB and ZTE Corp. are among phone-equipment makers that will be buffered against the global recession next year by expansion of wireless networks in India and China, according to industry executives.
“Every industry in the world is cutting, but here is one where you are seeing the commitment to see the spending continue,” said Craig [...]
ZTE Corp has won a contract worth 1.33 billion yuan (US$195.6 million) from China Telecom to expand the telco’s newly acquired mobile network, and with this deal it will become the leading player in the domestic CDMA (code division multiple access) network equipment market, the supplier said yesterday.
The deal will likely boost Shenzhen-based ZTE’s chances [...]
China took another step toward its long-cherished goal of operating high-speed telecom services, with China Mobile dishing out over $4 billion of deals and smaller rival Unicom hoping to win a 3G license soon.
But analysts continued to warn that while the billions of dollars need to be invested under an ambitious government-orchestrated plan, carriers and [...]
China Mobile Ltd<941>, the country’s largest mobile phone operator, is seeking opportunities to acquire telecoms assets in emerging markets, including Asia, to diversify its operations as domestic competition has been intensified after the reshuffle of China’s telecommunication industry, chairman Wang Jianzhou said on Tuesday.
Wang revealed China Mobile will be rational in making any overseas acquisition [...]
