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TMCNet:  China's 4G development estimated to generate RMB500 bln investment

[February 26, 2013]

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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