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Rumor: TD-SCDMA Handsets to Qualify for Government Subsidies

CCTimes, 2/11/09

According to industry sources, China Mobile's (NYSE: CHL; 0941.HK) TD-SCDMA handsets may be included in the government's rural consumer electronics promotion program and receive a 13% government subsidy. In addition to the subsidies provided by the government, China Mobile will also provide subsidies to distributors and retailers selling TD-SCDMA handsets, with special priority to dual-mode GSM/TD-SCDMA handsets.

Keywords: 0941.HK China Mobile CHL dual-mode government subsidy rural TD-SCDMA wireless 3G mobile phone TD-SCDMA/GSM

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