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Technology Stocks : Qualcomm Moderated Thread - please read rules before posting

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From: waitwatchwander	11/1/2006 8:27:26 PM
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Deal indicates 3G telecom is on track Zhu Shenshen 2006-11-02 DATANG Mobile Communications Equipment Co and China International Telecommunications Construction Corp have signed an agreement that will help advance construction of the country's next-generation phone network, the companies said yesterday. The deal, between China's flagship developer of its homegrown third-generation network, and the country's No. 1 telecom network construction firm, shows that the long-awaited issuance of 3G licenses is drawing near, industry insiders said. Under the agreement, CITCC will produce TD-SCDMA - time division-synchronous code division multiple access - networks for Datang and will take charge of network maintenance. Financial details were not disclosed. "The deal shows that TD-SCDMA is fully ready for the commercial use and that trial service is on the schedule," said Zhang Ying, an analyst at Beijing-based Analysys International. Initially, the trial TD-SCDMA network will involve 20,000 people in Shangdong Province's Qingdao and Baoding and Qinhuangdao in Hebei Province, sina.com reported yesterday. The other two 3G candidate technologies are Europe-developed wideband-CDMA and United States-developed CDMA 2000. China has delayed the issuance of 3G licenses several times as the government hopes to develop a mature homegrown 3G technology, industry insiders said. The next-generation services, from video conferencing to film downloads and multi-player 3D games, are expected to create a huge new market for telecom equipment makers, mobile carriers and service providers.

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