China wireless carriers to slash contract prices, could spur 4G boom

By Paul Carsten BEIJING (Reuters) - China's three state-owned wireless carriers said on Friday they will cut mobile data prices and boost data speeds this year, potentially spurring a mass migration of customers to more lucrative 4G contracts. The carriers have been under pressure to respond to Premier Li Keqiang's push to lower barriers to and expand Internet access throughout the country, with Beijing keen to make industries more efficient as the economy becomes more services-oriente