China Mobile in recent weeks sent a request for proposal (RFP) to a small group of banks to advise on acquiring and taking-private the Hong Kong telecom provider, which offers services including broadband and Wi-Fi management, said the people.
China Mobile is mulling a foray in India by entering cloud services through a tie-up with either Vodafone Idea or Bharti Airtel, according to a Mint report.
Profits attributable to shareholders reached 60.6 billion yuan (USD 9.1 billion) in H1, according to financial results released by the company, which is also the world's largest mobile telecom operator by subscribers, state-run Xinhua news agency reported.
Nokia has signed a USD 1.53 billion frame agreement with China Mobile to create a "cloud network" for the Chinese operator, the Finnish telecom equipment giant said on June 13
Leading global telecom operators including China Mobile, Vodafone, Bharti Airtel and SoftBank have joined hands to launch five-year programme GTI 2.0, which aims to advance existing 4G technology and industrialization of 5G technologies
Quoting latest data published by World Cellular Information Service (WCIS), Airtel has over 303 million mobile subscribers across its operations and has moved up one position in the global rankings.
In March 2015, Bharti Airtel announced a strategic collaboration with China Mobile, under which the two companies will work towards growth of the Long-Term Evolution (LTE) ecosystem and evolving mobile technology standards. Bharti Airtel also has network equipment sourcing agreements with ZTE and Huawei.
Both companies will work together for understanding and sharing testing and validation practices including network equipment, features and new releases etc, and will also jointly conduct proof of concepts as well as trials.
Samsung had a 21 percent share of China's smartphone market in the third quarter of 2013, with Apple trailing in fifth place with just 6 percent, according to research firm Canalys.
China Mobile will start selling iPhones in China this Friday. The premium 5S model 16G will be priced at 5,288 yuan, or about $874, said the world`s largest mobile company.
Miao Wei made the comments at the ministry's annual work conference, Xinhua reported, and the minister said investment in 4G would make up almost one-third of China's total investment in mobile communications next year.
After months of anticipation, Apple announced late-Sunday that China Mobile will start offering the iPhone on its network of 760 million customers beginning January 17. It will begin taking pre-orders from December 25.
The news comes a day after China's Ministry of Industry and Information Technology issued 4G licenses to China Mobile, China Unicom and China Telecom in another widely expected move.
Japan was the company`s fastest-growing region in terms of revenue with 41 percent on-year growth last quarter, significantly higher than revenue growth of 6 percent in Greater China.
Telecoms equipment makers, such as global leader Ericsson and Huawei Technologies, have been waiting for China Mobile's 4G tender to lift the fortunes of an industry that has been hit by a lack of spending worldwide
Myanmar has announced the names of 12 international consortia that have pre-qualified to bid for two mobile licences, moving closer to opening one of the last major untapped mobile markets.
Struggling mobile phone maker Nokia said it shut its flagship store in Shanghai, China, as part of a strategy to save costs and sell its phones through carriers and retail partners instead.
By Alok Kejriwal: I was born and brought up in a Marwari family where breakfast, lunch and dinner conversations were about deals struck and money made. I guess that's where I inherited my 'entrepreneurial dna'.
Telecom major Bharti Airtel is the fourth largest mobile operator in the world with over 250 million connnections globally, according to analyst firm Wireless Intelligence.
China Telecom Corp Ltd, the smallest of China's three mobile carriers, said on Wednesday it would acquire 3G network infrastructure from its parent for an initial USD 13.3 billion to cut future costs, sparking a rally in the company's shares.
Rumours have been circulating that Apple will be launching a budget iPhone which is targeted at emerging markets.
Twenty-seven Chinese suspects caught in Malaysia for their involvement in a telecom-based swindling case were escorted back here for trial.
China Mobile Ltd, China's largest mobile carrier, is expected to offer Apple Inc's popular iPhone on its network from September, a local newspaper reported on Friday.
The latest study on the ''top 100 most valuable global brands'' by Millward Brown says Apple has dethroned four-year leader Google at the top of the charts.