Date
23 October 2017

Telcos to give chase in China 4G mobile market, paper says

They may not have all the licenses yet but China United Network Communications Group Co. Ltd. (00762.HK, 600050.CN) and China Telecom Corp. Ltd. (00728.HK) are keen to catch up with China Mobile Ltd. (00941.HK) in 4G services, Xinhua reported Thursday. China Unicom plans to launch 4G network trials next month and China Telecom will announce mobile numbers for its 4G service next Friday, the report said. Industry sources said the Ministry of Industry and Information Technology might grant China Telecom and China Unicom FD4G licenses on May 17, World Telecommunication and Information Society Day, allowing them to fully roll out their 4G services. China Telecom chairman Wang Xiaochu said last month that of the 100 million new handsets to be ordered this year, at least 36 million will be 4G-compliant, the report said.

– Contact HKEJ at [email protected]

EL/AC/SK

 

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