3G in China is big money

Vendors continue to wring their hands over the prospect of 3G in China, and industry analysts are predicting the first round of investments in 3G equipment are expected to range from $865 million to $1.7 billion. While the Chinese government is expected to begin the 3G licensing process this year, it's still unknown how the licenses will be issued. If just one 3G license is released this year, the first phase of the network should reach between 10 million and 20 million lines, with each line costing about $125, according to Analysys International.

For more about the prospects of 3G in China:
- check out this article from telecoms.com (sub. req.)