China Mobile Ltd. (00941.HK) expects to complete construction on 500,000 4G base stations next year, the Hong Kong Economic Journal reported Wednesday, citing president Xi Guohua. Up to 100 cities will be ready for 4G commercial launch by mid-2014, rising to 340 by the end of next year. This year, its target is 16 cities including Beijing and Shanghai, the report said. More than 200 TD-LTE handset models will be launched next year, including self-branded devices, Xi was quoted as saying. He expects 4G handset sales to exceed 100 million units in 2014, the report said.
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