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China's 4G development estimated to generate RMB500 bln investment
BEIJING, Feb 26, 2013 (Xinhua via COMTEX) --
China's 4G development is expected
to generate direct investment of over 500 billion yuan in the telecom
industry chain, according to a China Securities Journal report on
Wednesday.
After establishing 20,000 TD-LTE 4G base stations in 2012,
China Mobile (CHL.NYSE; 00941.HK), the country's largest mobile
telecom operator by subscribers, has planned to construct 200,000
stations this year with a total investment of 180 billion yuan.
Industrial analysts point out that Chinese telecom operators'
efforts to enhance 4G network construction would pull out a batch of
device producers and terminal manufacturers from the trough and
facilitate the upgrade of the whole industry chain, including
manufacturers, operators, and product lines.
The market expects that China's 4G development would generate
direct investment of over 500 billion yuan in the telecom industry
chain. (Edited by Luo Jingjing, luojj@xinhua.org)
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