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China Mobile To Invest $8.6 Billion Into 3G In 2009 January 12, 2009

Posted by aikservices in 3G, China Mobile, Mobile, Telecom, Wireless.
Tags: , , , ,

China Mobile has announced a plan to invest 58.8 billion yuan (8.6 billion dollars) this year to develop its third-generation network.

The company said it will use the money to build around 60,000 base stations, which connect calls between mobile phones, covering 238 cities. It currently operates over 20,000 base stations.

Third-generation, or 3G, networks will allow faster data transmission and services such as wide-area wireless calls, broadband web surfing and video streaming.

Last month the carriers were expected to invest about 41 billion dollars in 3G networks over the next two years, with at least 29 billion dollars to be spent in 2009. It said spending on the launch of 3G services was an important part of efforts to battle the effects of the global economic slowdown.

China is the world’s biggest mobile phone market, with more than 634 million subscribers by the end of November.

Wireless Industry News


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