China's Efforts To Rapidly Build Its 4G Network Is A Boon For Struggling Telecom Gear Makers

The Chinese government will reportedly begin issuing 4G licenses (link via Google Translate) by the end of this year or early 2014 at the latest, following news that China Mobile is set to take construction bids for its 4G network as soon as this month. The country's efforts to build out its TD-LTE network as quickly as possible is a potentially lucrative opportunity for telecom equipment makers, which have been hurt by the sluggish global economy.

Source: http://feedproxy.google.com/~r/Techcrunch/~3/LAvQE1-kofg/

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