China Mobile hands out $3.2B worth of 4G equipment orders. China Mobile (CHL) has reportedly awarded initial contracts worth a total of 20B yuan ($3.2B) for the construction of its 4G network. Ericsson (ERIC), Alcatel-Lucent (ALU) and Nokia's (NOK) NSN have each won deals worth around 10% of the total tender. China's Huawei and ZTE have obtained 25% each. The building of China Mobile's 4G network should help pave the way for the mobile carrier to finally strike a deal with Apple (AAPL), whose upcoming devices are expected to support the operator's 4G TD-LTE technology.