China Telecom’s LTE spending to pass USD7bn in 2014

26 Nov 2013

China Telecom’s spending on Long Term Evolution (LTE) network construction will rise to CNY45.7 billion (USD7.45 billion) in 2014 from approximately CNY10 billion this year, Marbridge Daily cites an industry insider as saying. Telecom’s total CAPEX was CNY53.73 billion in 2012, and is expected to reach CNY75 billion for 2013 and CNY85 billion in 2014.

The telco has also reportedly issued a notice to 4G device manufactures saying that it will concentrate its product procurement on handset, data card and MiFi devices, alongside customer premises equipment (CPE). MiFi and data card devices must support both Time Division Duplex (TDD) and Frequency Division Duplex (FDD) LTE platforms as well as CDMA2000, whilst handsets must be compatible with FDD-LTE, CDMA2000 and GSM technologies.

China, China Telecom Corporation