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China plans to invest more than $58.5 billion on 3G over next 3 years

Categories: General
By: , IntoMobile
Monday, January 26th, 2009 at 1:28 AM

Three Chinese mobile operators — China Mobile, China Unicom and China Telecom — plan to invest 400 billion yuan ($58.5 billion) over the next three years to build 3G networks.

Of that amount, China Mobile alone will spend 58.8 billion yuan to build about 60,000 TD-SCDMA base stations by the end of this year, when its coverage will serve more than 70% of all Chinese cities. Two smaller rivals, China Unicom and China Telecom, will each spend about 30 billion yuan in 2009 to develop their WCDMA and CDMA 2000 based networks, respectively.

As a result of adopting WCDMA and CDMA 2000 — technologies that are widely used around the world — and because of the sheer size of China Mobile’s user base, China Unicom and China Telecom are expected to grow faster than China Mobile in terms of new users and sales. Still, China Mobile’s network will be the best over the next 2-3 years, according to ratings agency Fitch Ratings…

[Via: Reuters]

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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.