NEC prepares for 3G in China

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Includes: CHA, CHL, CHU, CN-OLD, KZ, LTON
by: Ezra Marbach

NEC Corporation is assembling 3G cellular network equipment in
China in preparation for the issuance of 3G licenses.
Though the Chinese government has yet to discuss a timetable, analysts expect licenses to be issued this year. This follows a similar announcement from Nortel (ticker: NT).