The Chinese government will wait 2-3 years
to issue licenses for 4G networks based on the TD-LTE
standard, says a government official. Such a holdup could be problematic for China Mobile (CHL
), which has been conducting TD-LTE trials
. It could also be a negative for Apple (AAPL
) and 4G chipmaker Sequans (SQNS
); the former has reportedly promised
China Mobile a TD-LTE iPhone, while the latter has taken part in trials.