Industry rumors are circulating that China Mobile (NYSE: CHL; 0941.HK) has begun preparations for a third round of bidding aimed at rolling-out TD-SCDMA networks in 162 additional cities across China. Bidding will be completed by the end of March.
Editor's Note: Previously it was rumored that China Mobile planned to construct 57,421 base stations in the third phase of TD-SCDMA network construction, with a total investment of RMB 55.8 bln. For more background, please see "Rumor: 3rd Round TD-SCDMA Construction to Cover 162 Cities", MD 11/10/08 issue.
mobile network equipment
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.