6China t Apigenin o issue 3G licenses soon: minister
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6China to issue 3G licenses soon: ministerPublished: 15 Dec 2008 02:01:37 PSTDec. 15, 2008 (China Knowledge) — China will issue 3G mobile wireless licenses by the end of 2008 or early next year, said Li Yizhong, China’s Minister of Industry and Information Technology (MIIT), said at a press conference on Friday.Networks using China’s homegrown TD-SCDMA platform will be run by China Mobile Ltd<941><CHL>, while networks with WCDMA and CDMA 2000 platform will be operated by China Unicom<600050><762><CHU> and China Telecom<728><CHA> respectively, according to the minister.»The three companies are all well-funded. If 3G licenses are issued, we expect investment in this field will be at least RMB 200 billion next year,» Li said, adding that the investment will help boost China’s economic growth amid the global financial crisis.Li also urged the three telecom operators to unveil their respective plan on 3G network development, and avoid repetitive construction during the process.Copyright © 2008 http://www.chinaknowledge.comSend feedback or comments to: news@chinaknowledge.comFor more news, financial weekly reports, business guides to China and other premium information, subscribe to China Knowledge today: To access our page on Bloomberg, type CKFI Related TopicsChina Newsドラゴンネスト rmt kitchen cabinetry passenger elevator lipo battery car sun shades