China Mobile still to calculate spending plans

date: April 12, 2002

China Mobile has yet to draft spending plans for 3G services, which are unlikely to be ready for the China market in the next two years, according to company chairman Wang Xiaochu. "We believe commercial opportunities for 3G in China will take at least two years to come," Wang said.

The company has a capex budget of CNY 8.6bn (EUR 1.2bn) for the next two years, but it does not yet have 3G spending plans. Ding Donghua, CFO, China Mobile, said 2.5G technology will account for 4.7 per cent of the budget. Donghua noted that the company is waiting for further developments various CDMA technologies before deciding which one to use.

Last month, Motorola and China Mobile announced the signing of a co-operative agreement to begin a 3G business service dimensioning research project in China. Under terms of the agreement, the two sides will jointly study possible services and their characteristics on China's future 3G networks.

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last updated: January 12, 2004

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