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Technology Stocks : LAST MILE TECHNOLOGIES - Let's Discuss Them Here

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To: slacker711 who wrote (10761)4/9/2001 6:18:54 AM
From: MikeM54321  Read Replies (5) of 12823
 
Re: Mobile Wireless - China Stats

"Unicom's state-owned parent, China United Communications Corp., is quite literally gearing up to invest $2.42 billion to enlarge a tiny hodgepodge of experimental CDMA networks into a unified system with the capacity for 14 million subscribers. ... China has about 85 million mobile phone subscribers already, and that base is expanding by a sizzling 60 percent a year. So in just a few years, nearly a fifth of the nation's 1.3 billion people will be toting handsets."

slacker- Do you have any comments on the above excerpts about the marketplace in China. Do you think the planned spending of $2.42 billion is for real? And, do you think 85 million figure is accurate?

Also, I believe you know the CDMA stats on China. Could you give an update? Thanks. -MikeM(From Florida)
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