Competition in China’s 4G market is about to grow more intense as the last of its major state-owned telecom carriers, China Unicom, launches its 4G services, various sources report.
As noted in a recent Forbes article…
“The carrier is offering 4G services for smartphones as well as data cards…[and] will be primarily competing with market leader China Mobile in the 4G market…If China Unicom can sustain its 3G momentum this year and attract users to its 4G service, it could give a further boost to the carrier’s market share.”
During the last year alone, the Chinese telecom provider is said to have succeeded in raising its market share to around 23%, which is a slight improvement from 2012′s 21.6%. Judging by the way 4G technology is expected to expand in the country —IHS predicted in Janaury that China’s 4G smartphone shipments would grow by 1500% year on year to 72.4 million units—China Unicom shouldn’t have too much of a problem in securing its future momentum.