By Shen Jingting (
China Daily)
14:34, September 03, 2012
Opportunities arrive as 4G mobile standard is embraced
China's deployment of third-generation wireless networks and its embrace of the fourth-generation mobile standard have not only created business opportunities for the world's telecoms equipment vendors but also for the test equipment makers, analysts said.
Ever since Chinese telecom operators received 3G licenses in 2009, the huge demand for network infrastructure has helped Huawei Technologies Co and ZTE Corp to grow fast and compete in the world's top league, rivaling Telefon AB L.M. Ericsson and Alcatel-Lucent.
According to Research and Markets, the global telecoms equipment market will increase at a compound annual growth rate of 3.6 percent over the period 2010 to 2014. Countries in Asia-Pacific regions, especially China, are likely to contribute the most sales, at one-third of the total.
As more people surf the Internet through mobile phones, the burgeoning mobile traffic has put pressure on the carriers' networks and prompted them to deploy the 4G long-term evolution (LTE) technology.
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