Source: CCTV.com
01-09-2009 11:11
Special Report: 3G blooms in ChinaThe issuing of long-awaited 3G licenses in China has sparked competition among telecom equipment providers. Both domestic and overseas competitors are fully prepared for this lucrative market.
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| The issuing of long-awaited 3G licenses in China has sparked competition among telecom equipment providers. |
Sweden-based Ericsson has been working on the development of WCDMA technology, one of the three standards for 3G technology. Three years ago, the company tapped into Chinese homegrown TD-SCDMA technology. It established an R&D center in order to better gain a market share.
Feng Yingduo, VP of Ericsson (Greater China), "hundreds of engineers at our company are well prepared to serve the three mobile operators who have gained 3G licenses. We are now bidding for contracts."
Telecom equipment providers have all invested heavily in the development of 3G technologies. Now that 3G licenses have been granted, they hope to get a return for that investment. Many domestic providers have been forced to focus on overseas markets. But now they are able to start with favorable resources at home.
Liu Peng, VP of ZTE, says, "our construction of all the three standards of 3G technology in the Chinese market will help us a lot in exploring global markets. We will compete in those markets with our hi-tech and high value added products."
The Chinese government sees the development of 3G networks as an important step in boosting domestic demand and optimizing telecom market competition.
In the next two years it's estimated direct investment in construction of 3G mobile networks will reach 280 billion yuan. And the network investment will lead to 2-trillion yuan in private-sector investment in two or three years.
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Editor:Qin Yongjing
