China Mobile ups 3G spend

8 Dec 2004

China’s largest cellular operator China Mobile has announced plans to increase its 3G investment by 85% to as much as CNY110 billion (USD13.3 billion) over the next three years. The telco had originally planned to spend around CNY60 billion on the rollout of next-generation technology. Although the government has still to announce its licensing regime, it is thought that China Mobile will be awarded one of four concessions, with the others going to its only rival in the cellular market, China Unicom, and the country’s two main fixed line operators, China Telecom and China Netcom. China Mobile’s chairman Wang Jianzhou expects the increased investment to fund 3G networks which offer coverage of 80% of the Chinese mainland and have a capacity for 80 million subscribers.

China, China Mobile