The Other China Stimulus Package That Could Make You Rich
Irwin Greenstein (December 22nd, 2008) Writes:
You’ve probably heard about China’s colossal $600-billion stimulus package intended to jump-start its economy. But chances are you didn’t hear about the new $40-billion initiative by China’s wireless carriers to modernize the national network…
Three of China’s largest wireless carriers are making a mad dash to bring the country’s wireless infrastructure into the 21st century with a widespread upgrade to so-called 3G networks.
3G networks enable high-speed, multimedia services packed with hefty margins for the carriers. Get in now on the program and you’re likely to see healthy returns as the networks come on line.
3G achieved legendary status in the U.S. and Europe when Apple announced a revised iPhone that was 3G compatible.
For example, when AT&T (NYSE:ATT) announced Q2 results on July 23, 2008, its revenues jumped as the exclusive provider of the iPhone 3G. The new phones entered the market
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