NEC prepares for 3G in China

 |  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).