$14.93 bln spent on mobile equipment in China, India and Korea in 2005
China, India, and Korea accounted for 78% of total mobile subscribers in the Asia/Pacific (excluding Japan) or APEJ region in 2005, up from 76% in 2004. The total mobile equipment capital expenditure (capex) in the three markets of China, India and Korea increased 17% in 2005 to reach $14.93 bln from $12.76 bln in 2004. IDC forecasts that total mobile network equipment capex for the three countries will increase to $14.7 bln in 2010, but that could be larger depending on the outcome of licensing of 3G in China. Both China and India are still in the process of planning to issue 3G licenses.