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Article: China Mobile Hong Kong focuses on 2G.
- Article from:
- RCR Wireless News
- Article date:
- March 26, 2001
- Author:
CopyrightCOPYRIGHT 2001 Crain Communications, Inc. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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NEW YORK--China Mobile Hong Kong does not need 3G to take advantage of opportunities in a populous country with rising per capita income and low penetration by personal computers and second-generation wireless, said Wang Xiaochu, chairman and chief executive officer of the company.
At the end of February, the mobile operator had 50 million subscribers, compared with 15.6 million at the end of 1999, he told securities analysts at a meeting here earlier in March.
"Many people ask, with the economic problems in the United States, how is it that China is growing so fast? For the last several years, we have had annual growth of 7 (percent) to 8 percent in per ...