China Mobile Expected to Get TD-LTE licenses by June
Post by the China Perspective
China Mobile Expected to Get LTE License
Likely early LTE licensing is positive to China Mobile Ltd (NYSE: CHL, HKG: 0941) as Chinese regulators will possibly issue TD-LTE licenses by June to support homegrown TD-LTE 3G technology, Citigroup said. Such a plan should also include giving TD-LTE licenses to multiple operators and issuing FD-LTE licenses one year later to help the TD-LTE industry value chain develop faster.
That's great news for Sequans. I just keep buying down here on the cheap, bit by bit. So much up side potential here with little downside whatsoever. Nice that nobody really follows this stock yet and we can get in on the cheap.