China's prospects - Insight: one month's telecom research - telecom's largest infrastructure market - Brief Article

Telecom Asia, April, 2003

China has become telecom's single largest infrastructure market, accounting for 20% of global capex. A Pyramid study says that over the next five years, China's carriers will spend more on network infrastructure than all of Western Europe combined.

More than this, China is increasingly a critical link in the global manufacturing chain. For foreign vendors, China operations are key to global success.

For foreign carriers, change could be on the way this year. As the government wants carriers to learn from best practices of mature carriers, the market for services may finally open up.

Telecommunications Markets in China www.pyr.com