MIIT: 3G Users to Reach 500 Mln in 3 Years
Netease Tech, 4/16/10
China's Ministry of Industry and Information Technology (MIIT) has estimated that 3G users in China will reach 500 mln over the next three years, of which over 40% will be CDMA2000 EV-DO subscribers.
China Telecom (NYSE: CHA; 0728.HK) recently said it will invest USD 11.7 bln to expand and optimize its CDMA2000 EV-DO network by 2011.
Keywords: forecast capex China Telecom wireless MIIT 3G 0728.HK CHA CDMA2000 EV-DO mobile subscribers
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