TeleGeography reports that China Mobile has announced the result of its third-round TD-SCDMA equipment tender with a total contract value of CNY8.6 billion (US$1.26 billion).
China Mobile will invest CNY31 billion (US$4.59 billion) in Shanghai until 2011, mainly for the construction of its TD-SCDMA network and 3G preparation for the World Expo 2010, according to a Shanghai Daily report.
TeleGeography, citing a Xinhua report, notes that China Mobile will provide funding of CNY600 million (US$88 million) to 12 TD-SCDMA phone and chip manufacturers.
China Mobile Chairman Wang Jianzhou said this week he was “optimistic” that the operator’s bid to buy a minority stake in Taiwanese mobile firm Far EasTone would go ahead, despite the Taiwanese government’s continued reluctance to lift its ban on Chinese investment in its telecom sector.
China Mobile will next month launch an Android-based handset from HTC, according to reports in the Financial Times and Wall Street Journal. Both reports state the device will be a customised version of HTC’s Magic handset, already offered by Vodafone.
TeleGeography notes that Hong Kong’s telecoms regulator OFTA has confirmed that the three qualified bidders for a new GSM 1800MHz frequency allocation are: