China Mobile spaffs £4.4bn on 4G 'trial'... before it even has a licence

If we build it, the iPhone will come

China Mobile will build 200,000 LTE base stations, covering 500 million people and costing 41.7 billion yuan, despite the fact that 4G licences won't be awarded until the end of 2013.…

via The Register - Networks

http://go.theregister.com/feed/www.theregister.co.uk/2013/03/22/china_mobile_4g/