China Mobile Group, the parent company of Hong Kong-listed China Mobile Ltd, said it expects to invest 58.8 bln yuan this year to build 60,000 base stations around China.
In a statement on its web site, the group said TD-SCDMA base stations are eventually expected to exceed 80,0000, covering 238 cities.
China officially granted third-generation mobile technology licenses to China Mobile, China Telecom and China Unicom last week.
China Mobile soon after announced the official launch of its TD-SCDMA services following an eight-month commercial trial.
As of the end of December, China Mobile has built over 20,000 base stations, with total TD-SCDMA service subscribers at over 330,000.
(1 usd = 6.83 yuan)
Source:XFN-ASIA
