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Rumor: China's MIIT to Issue FDD-LTE Licenses in December

Tencent Tech, 11/05/14

According to an industry source, China's Ministry of Industry and Information Technology (MIIT) has begun preparatory work to issue FDD-LTE network operating licenses to China's telcos, and barring any unforeseen circumstances, new licenses will be announced next month. China Unicom (NYSE: CHU; 0762.HK; 600050.SH) and China Telecom (NYSE: CHA; 0728.HK) have both recently submitted applications to the MIIT to receive FDD commercial licenses.

China Unicom and China Telecom recently received notice from the MIIT requiring the operators to complete their FDD 4G base station construction or upgrades by November.

Editor's Note: For more information on this topic, please see "China Telecom, Unicom Win TD/FDD-LTE Hybrid Network Licenses," MD 6/27/14 issue.

Keywords: China Telecom China Unicom wireless 4G FDD-LTE 0728.HK 0762.HK 600050.SH CHA CHU license network construction

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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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