Feb 18, 2008
According to a Credit-Suisse report, TD-SCDMA Alliance Secretary-General Yang Hua confirmed at an Alliance roadshow in Europe last week that that State Council is calling a meeting to discuss the telecom industry restructuring; and that he expects 3G licenses to be issued within several days - with China Mobile (NYSE: CHL; 0941.HK) acquiring a TD-SCDMA license, China Telecom (NYSE: CHA; 0728.HK) a CDMA2000 license, and China Netcom (NYSE: CN; 0906.HK) and China Unicom (NYSE: CHU; 0762.HK; 600050.SH) jointly winning a WCDMA license.
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The information contained in this newsletter is based upon sources that Marbridge Consulting believes to be reliable, and we have made every effort to translate the original articles or article excerpts as faithfully as possible. However, Marbridge Consulting makes no warranty of and assumes no legal responsibility for the accuracy of either the original source material or the English language translations.
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