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China Mobile to increase handset subsidy budget by 25% in 2009, says paper

EDN, February 9; Meiling Chen, DIGITIMES Asia 0

China Mobile plans to increase is handset subsidy budget to 10 billion RMB (US$1.46 billion) in 2009 from 8 million RMB in 2008 to promote TD-SCDMA handsets, according to Jian-Zhou Wang, CEO of China Mobile, as cited by a Chinese language Economic...

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