“China has more cellular users than any other nation on earth. More than 300 million Chinese — more than the total number of men, women, and children living in the U.S. — have mobile phones, and that population continues to grow by millions a month. Yet China remains a laggard when it comes to the cutting edge of telecom technology: third-generation (3G) cellular services.
While neighbors like Japan, South Korea, and Hong Kong boast operators that have 3G networks up and running, Chinese phone users are still waiting for 3G. Worse, government in Beijing hasn’t even gotten around to issuing 3G licenses yet. ”
Read Bruce Einhom’s analysis on this issue on the BusinessWeek online.