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3G/HSPA

$10B Rural Rollout

11:25 AM -- China Mobile Ltd. (NYSE: CHL) is to invest 70 billion Chinese Yuan Renminbi (US$10.24 billion) over three years to connect at least 10,000 villages a year, according to a report from official news agency Xinhua.

The rural investment commitment comes after a deal between China Mobile and the Ministry of Agriculture, in which the Ministry agreed to help promote the adoption of China Mobile's TD-SCDMA 3G services.

Check out this China Daily report for more.

— Catherine Haslam, Asia Editor, Light Reading

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