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U.S. Bancorp Piper Jaffray Delivers Investment Outlook on The Wireless Equipment Market in China.(Brief Article)
China Telecom, August, 2001
U.S. Bancorp Piper Jaffray managing director and senior wireless communications and mobile computing analyst Samuel S. May, delivered a detailed overview of the trends impacting the wireless equipment build-out in China. May's research team recently returned from an extended stay in Asia, where they sought to uncover the major issues impacting the development of wireless communications in the People's Republic of China.
May estimates that worldwide wireless subscribers will grow from roughly 730 million as of year-end 2000 to 965 million as of year-end 2001. Of this growth, May believes that slightly more than 40 percent will come from Asia Pacific, which he estimates should account for more than 327.4 million subscribers by year-end 2001.
May...
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