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4G market set to ignite hot competition
Published on: 2013-03-25
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altForeign companies vie for a slice of the potentially lucrative action.
 
Foreign telecom companies are keen to join China's fourth generation (4G) mobile network deployment with the country looking likely to issue the relevant licenses as early as this year.
 
Minister of Industry and Information Technology Miao Wei said the country is expected to award 4G licenses to domestic telecom operators by the end of 2013.
 
 
Miao's words have helped fuel the enthusiasm of telecom industry players, both from China and abroad, to participate in the hunt for a sizable share in the world's largest 4G market where there are more than 10 billion cellphone subscribers. 
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