China to pass 500 million cellular connections in Q3 2007
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China is the largest cellular market in the world and is set to pass the 500 million connections mark in Q3 2007. China Mobile is leading the market with a market share of nearly 70%. Discussions around the introduction of new high-speed technology in China suggest the deployment of at least a TD-SCDMA network in time for the Olympics in July 2008. Government and the regulatory bodies are in the process of issuing licences to operators. If China Mobile succeeds, we forecast its TD-SCDMA connections to represent 5% of its total connections by the end of 2010.
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