China Mobile, China Unicom Buoyed by New Chinese 3G Licenses
For some time, China has been pushing to create its own telecommunications standards, for a number of reasonably obvious reasons. But now the country has decided to award a number of 3G mobile licenses, based not only on the Beijing-created TD-SCDMA standard, but on CDMA and WCDMA as well. From a purely practical consideration, this is a story so big that it will be hard to find something of greater relevance to the industry for some time.