China’s 3G Plans to Benefit Local Vendors

Three Chinese mobile networks plan to spend a total of 280 billion yuan ($41 billion) over the next two years building out 3G networks, for which the government will announce licenses at the end of 2008 or in early 2009. Plans like that would normally have equipment vendors around the world salivating, but in truth it’s Chinese vendors Huawei and ZTE that will likely gain most of the yuan in this transition. The two vendors are rare among their telco equipment-making peers in expecting growth in 2009 and both have cited the Chinese transition to 3G has the reason behind their optimism. Read More about China’s 3G Plans to Benefit Local Vendors