Word: 3g
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People in the wireless industry have been talking about what will replace 3G networks in the next two or three years. AT&T (T), Verizon (VZ), Sprint (S), and their peers overseas need something to spark consumer demand now that many people already own handsets and higher-end smartphones...
Most of the 3G networks run about as fast as a DSL line. That works fine for transferring modest data files, talking, texting, going online, and even watching video. But, the phone companies don't seem to think consumers and business users will be satisfied by the way their networks operate now. Their next generation of technology will be about ten times faster than the one in the market today. (Read "25 People to Blame for the Financial Crisis...
Both technologies will probably work. Like all broadly deployed services, there will be plenty of glitches. Even a 3G-powered Apple (AAPL) iPhone drops calls as people move around the AT&T (T) network...
...fate of the Chinese flavor of 3G technology - named TD-SCDMA while the two existing international standards are known as WCDMA and CDMA200 EV-DO - is less clear. The government has boosted its chances of success by awarding the license for use of the technology to the country's dominant service provider, China Mobile, which boasts a whopping 75% of the subscriber market. China Mobile has tried to get a jump on 3G by handing out free handsets to some 800,000 subscribers beginning last April as part of a trial rollout of the homegrown platform. But the service...
...other market watchers believe China Mobile may have a card up its sleeve: the powerful Ministry of Industry and Information Technology. The ministry, which is not exactly known for its reluctance to intervene where it sees the need, won't allow its efforts to nurture a domestic 3G standard to be derailed so easily, the industry executive in Beijing says. "They have spent many years and a lot of money on this. There's no way they'll let their baby get frozen out by foreign competition." China's 3G bonanza might seem like an industry windfall, but those...