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China Telecom plans to migrate its newly-acquired CDMA mobile operation to LTE technology within the next three years. According to the company’s CEO Wang Xiaochu, the operator will initially focus on rolling out EV-DO Rev. A in key cities before moving to LTE “in two to three years’ time.”
Earlier we reported that China Telecom will acquire China Unicom’s CDMA business for around $16 billion as part of a widespread restructuring of China’s telecoms market. The deal marks China Telecom’s first entry into the mobile market, which will have a combined (fixed-line and mobile) subscriber base of 256 million, following the acquisition. China Unicom/Netcom has 251.2 million subscribers and the market leader China Mobile tops at 369.3 million.
In terms of revenues, China Telecom will have combined revenue of 178.7 billion RMB, while China Unicom/Netcom and China Mobile have revenues of 145.3 billion RMB and 357 billion RMB, respectively.
[Via: commsday.com]
About The Author
Dusan Belic
Dusan has been using smartphones since their introduction and is now following the latest trends in the industry. The "convergence" is what he's most excited about, and writing about it is the next logical thing to do. He thinks that using a smartphone is what everyone who cares about their time should do. In addition to his interests in mobile phones, Dusan also loves to experiment with the latest web and mobile 2.0 services. The idea of accessing and managing your information from any device no matter where you are simply amazes him. Whether it's an online to-do list, note taking service or a video sharing social network, he's there to try it out. He admits though, he's still searching for the ultimate web-based organizational tool, which "sings" perfectly with the mobile PIM application. Dusan used to run SymbianWatch.com which later became part of IntoMobile. He lives in Serbia, South-East Europe, from where he edits the site on a daily basis.
