As the Chinese government prepares to issue 3G licenses, a wide collection of industries watch anxiously.
According to Research And Markets, handset makers and providers of service, infrastructure, and content should keep an eye on China as it selects a technology standard for those 3G licenses.
Wireless penetration of the over one billion citizens rates at only about 25 percent. Wireless providers who can overcome the unique challenges of doing business in China should reap significant profits.
One firm, China Digital Wireless, posted a 22% increase in revenue for the first quarter of the year. That company provides financial and entertainment options to wireless subscribers, in addition to being a distributer of mobile phones.
"China Digital Wireless remains committed to expanding co-marketing arrangements and increasing the subscriber base in order to grow its financial and entertainment information services revenue," said Mr. Tai Caihua, Chairman of China Digital Wireless.
David Utter is a staff writer for WebProNews covering technology and business. Email him here.
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