20.79 (China tietong) subscribiers (M) Broadband 4 (China tietong) 38.36 subscribers (M) and China Tietong, a fixed-line operator. CDMA and CDMA 2000 networks will be operated by the new China Telecom. The company will be formed from the existing wired operator China Telecom and the CDMA network and its supporting organi- zational structures of China Unicom. Finally, the new China Unicom will be formed of the old China Unicom and China Netcom. The former is a combined GSM and CDMA operator and the latter is a wired operator with a substantial fixed-line and broadband customer base (over 100 million). This operator will operate a WCDMA network. The 3G licences are to be distributed to these new operators as soon as the restructuring has been completed. The latter phase was reached in November 2008 and the 3G licenses were issued in January 2009, as anticipated in 2008 (Jeung 2008b, Jeung 2009a). The restructuring has been achieved by selling entire compa- nies or their parts to other actors. Thus, the CDMA network and related organiza- tional infrastructure of China Unicom, was sold to China Telecom in October 2008 for 43.8 billion yuan. China Tietong was sold to China Mobile in October 2008. There were 42 million CDMA subscribers in China at the end of October 2008. The target is to have 100 million CDMA, CDMA 2000, and CDMA 2000 EV-DO users by 2010. From the infrastructure viewpoint, China Telecom has 100,000 CDMA base stations and China Unicom had about 320,000 base stations in its network that was sold to China Telecom in October 2008 (Jeung 2008d,f). China Unicom has 120,000 GSM base stations in its current network (Jeung 2008f). The market situation after the reorganization is unbalanced in that China Mobile has the largest overall market share. The Chinese regulator might therefore introduce measures to balance this situation. Suggestions have been made, e.g., to lower the network interconnection charges and introduce number portability (Jeung 2008e). In addition, the Chinese government ordered in October 2