China seems to be heading towards the future communications wisely. The 3G licenses have been approved and we should expect China to start building its 3G network. And China has been waiting for 3G for quite a while now. Remember those 3G-less and WiFi-less custom ordered iPhones for the Chinese market? What will happen to them now that the country will have 3G support?

A lot of money will be made off the whole 3G business. The main carriers, China Mobile, China Unicom and China Telecom, as well as the equipment makers like ZTE and Comba Telecom Systems will get a piece of that Chinese 3G cake while the rest of the world is getting ready for 4G via WiMAX or LTE.

via Reuters

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