Beijing Communication to Invest 1 bln yuan in Xiao Lingtong This Year

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Last updated at: (Beijing Time) Wednesday, March 19, 2003

Beijing Communication to Invest 1 bln yuan in Xiao Lingtong This Year

Beijing Communication, a subsidiary of China Netcom, is expected to invest over 1 billion yuan, or 120 million US dollars in developing its Xiao Lingtong service networks in Beijing this year.

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Beijing Communication, a subsidiary of China Netcom, is expected to invest over 1 billion yuan, or 120 million US dollars in developing its Xiao Lingtong service networks in Beijing this year.

Xiao Lingtong, also known as Little Smart, bridges the gap between cordless phones and mobile phones with cheaper infrastructure that is easier to set up, but has narrower coverage than mobile phone systems such as GSM, GPRS or CDMA.

Industry insiders predict that Beijing Communication will set up Little Smart networks with total capacity of more than 1 million subscribers, and the company is likely to attract between 500,000 and 800,000 subscribers by the end of this year.

It said the monthly fee for Little Smart service will be 25 yuan, and calls will be charged at a universal rate of 0.2 yuan per three minutes.

Beijing Communication should recover the investment within four or five years. (CRI News)

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