Analysts claim China close to telecom sector revamp
The long-running topic of China’s potential telecom industry restructuring emerged again yesterday as Credit Suisse, citing a senior industry official and sector experts, wrote on Monday that the State Council, China’s cabinet, was reviewing a restructuring plan submitted jointly by industry and government regulators and would soon unveil a decision.
Ericsson signs Chinese GSM network expansion deals worth US1.4bn
Less than a week after predicting a brighter outlook for the mobile equipment market, market-leader Ericsson has announced new deals worth US$1.44 billion to expand the GSM networks of China's two largest mobile operators, China Mobile and China Unicom.
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