Chinese 3G spending to reach $2.5b, says report

14 Jul 2006

China's first round of investment on 3G this year could reach 10 billion to 20 billion yuan ($1.25 billion to $2.5 billion, a report from research firm Analysys International said.

The report said every link of this industry chain will benefit from this market, including main equipments manufacturers, fiber and cable manufacturers, terminal manufacturers, system integrators, and other vendors of auxiliary lines such as electricity power, and instruments.

The report further said some foreign vendors have started their marketing campaigns to bag 3G deals.

Analysys also said if one 3G license will be released in 2006, the first phase of 3G network implementation should reach 10 million lines to 20 million lines to meet user demands.

'If China Mobile gets the first license, it will have enough capability and capital to carry out the construction of 3G network. If China Telecom gets the license, it will probably solve the problem of capital gap by indirect financing,' Cui Xiaolong, analyst from Analysys International, said.

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