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Navigation Primary Navigation Home Singapore Asia Pacific World Business Entertainment Sports Technology Top Stories Most Popular Secondary Navigation Singapore Asia Pacific World Search Search: China approves long-delayed 3G mobile licenses AP - 2 hours 15 minutes ago BEIJING - China's Cabinet said Wednesday it has approved licenses for next-generation mobile phone services in a long-delayed step that is expected to trigger billions of dollars in equipment sales. China is one of the last major markets to roll out third-generation, or 3G, services and the step comes at a critical time for global equipment suppliers as demand elsewhere weakens amid economic turmoil. The government will issue licenses for two global 3G standards and a homegrown Chinese standard, the Cabinet said on its Web site. The country's industry minister said in mid-December that Chinese carriers are expected to spend 280 billion yuan ($41 billion) on base stations, switching gear, transmission networks and other infrastructure. It is unclear, however, how much of that will go to global suppliers and how much to China's fledgling producers. Wednesday's announcement did not say which companies would receive licenses. But state media said earlier that China Mobile Ltd., the dominant carrier, would be assigned the Chinese-developed TD-SCDMA standard. The global standards WCDMA and CDMA-2000 are to go to China Unicom Ltd. and China Telecom Ltd., respectively. The introduction of 3G is expected to trigger a new burst of revenue for the industry as companies develop video, Web browsing and other services supported by the technology. Beijing repeatedly postponed issuing licenses while it tried to develop its own standard to compete with the global systems. ___ On the Net: Chinese Cabinet (in Chinese): http://www.gov.cn Email Story IM Story Printable View Blog This Recommend this article Average (0 votes) Sign in to recommend this article » Most Recommended Stories » Related Articles: China's Economy December consumer confidence drops to all-time lowAP - 22 minutes ago Vietnam economic growth slows to lowest rate since 1999: govtAFP - 41 minutes ago World stocks end wretched 2008 with modest rallyAFP - 53 minutes ago UBS sells 3.4 billion share stake in Bank of ChinaAP - 1 hour 11 minutes ago Related Articles: Business December consumer confidence drops to all-time lowAP - 22 minutes ago Iraq offers up giant oilfields to foreign firmsReuters - 25 minutes ago Gazprom calls for political intervention in gas rowReuters - 26 minutes ago China says approves issuance of 3G licencesReuters - 28 minutes ago Syndicate Bank to sell 1.5 bln rupees of perpetual bondsReuters - 29 minutes ago Related Full Coverage China Economy china economy All Full Coverage Most Popular – Business Viewed Japanese tourist spends 3 months in Mexico City airport Actress Jennifer Aniston appears naked in GQ magazine Two thousand and strange: offbeat stories of the year US throws $6bln lifeline to GMAC Defiant governor fills Obama's senate seat despite graft scandal View Complete List » Search: Home Singapore Asia Pacific World Business Entertainment Sports Technology Top Stories Most Popular

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