Youku Won’t Gain Much From China’s 4G Rollout In 2014
The buildup of 4G wireless in China will be a long-term positive for Youku Tudou (YOKU) and other online video providers, but not by next year, says a research report by Wedge Partners released Tuesday. Last week, China awarded its first 4G licenses to China Mobile (CHL), China Unicom (CHU) and China Telecom (CHA). 4G will enable better performance in video streaming, game playing and other Internet elements on smartphones. But “large-scale user