The Chinese government will wait 2-3 years to issue licenses for 4G networks based on the TD-LTE...

|By:, SA News Editor

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.