China Mobile Ltd, the world’s biggest phone company by market value, will be “rational” and not “aggressive” in making overseas acquisitions, Chairman Wang Jianzhou said.
Emerging-market phone asset prices are “inexpensive”, providing little incentive for owners to sell, Wang told reporters in Macao yesterday. The Beijing-based company doesn’t have an acquisition target at present, he said.
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China Mobile, the biggest mobile telecom carrier in China, has reportedly made new progress cooperating with Google. And it will come up with the Ophone jointly with Google, according to insiders in the know. On top of that, other IT giants such as Lenovo will also join the league.
China Mobile is about to introduce Android, [...]
China Unicom (Hong Kong) Ltd., the country’s second-biggest mobile-phone carrier, “hopes” to gain a license for faster wireless services by year-end, Chairman Chang Xiaobing said.
The government will accelerate the process of awarding the licenses as spending on the construction of third-generation mobile-phone networks will boost the economy, Chang said at the Mobile Asia Congress conference [...]
At a Guangdong 3G Industry Alliance forum held yesterday, a spokesperson for China Mobile’s TD-SCDMA project revealed that the company will invest RMB 110 bln to upgrade its GSM networks in preparation for TD-SCDMA. China Mobile is currently testing whether it can upgrade its GSM network to act as the core network for TD-SCDMA technology.
At [...]
An insider at China Tietong, which recently merged with China Mobile (NYSE: CHL; 0941.HK), has revealed that China Mobile is conducting a review of Tietong assets. The review is expected to be completed by the end of the year at the earliest. At the same time, management staff responsible for China Tietong’s commercial public network [...]
Nokia Siemens and Ericsson may play prime roles in expanding China’s 3G network.
According to a story in the South China Morning Post, China Mobile soon will announce the winners of its $4.4 billion network tender, and the two companies are expected to receive 10% of the contract each.
“Mainland equipment vendors seem to need foreign research and [...]
