China Mobile Invests Ten Billion to Spur 3G Phone Sales

                                                         Photo: CFP

China Mobile Invests Ten Billion to Spur 3G Phone Sales
Nation, page 39
China Mobile, the country's largest telecommunication carrier, has already issued license numbers and is busy promoting their 3G capable mobile phones which utilizes the home-grown TD-SCDMA technology, however sales of their 3G phones are still weak.
According to a market monitor, China Mobile only managed to sell 8,000 units of their 3G phones in the first quarter of 2009. This figure was well short of the company's planned target of 10 million by year's end.
Against this backdrop, sources said China Mobile would spend 10 billion yuan to promote the TD-SCDMA phones.
Original article: [Chinese]