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.
China Mobile, the world’s largest mobile provider, is now in talks with Motorola and Sony-Ericsson on acquiring dual-band cellphones that can used on China’s homegrown third-generation wireless standard, known as TD-SCDMA.
Chairman Wang Jianzhou said yesterday the firm had completed tenders for the building of the second phase of that network, sealing deals worth reportedly RMB30 billion.
That will allow the firm to jumpstart construction of a network that is expected to begin operating in mid-2009.
Source: Jongo News
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