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China Mobile: Consensus With Apple On 4G Technology On iPhones

HONG KONG -(Dow Jones)- China Mobile Ltd. (CHL) said Thursday it has reached consensus with Apple Inc. (AAPL) on using its fourth-generation technology on iPhones to be offered by the Chinese mobile services provider. However, China Mobile Chairman Wang Jianzhou said talks with Apple on launching the iPhone remain ongoing. He also declined to elaborate on exactly what has been agreed with Apple. Apple representatives weren't immediately reachable for comment. Wang told reporters that there are over 4 million China Mobile customers using the iPhone. Currently, China Unicom (Hong Kong) Ltd. (CHU) is the only Chinese mobile operator to offer them. Wang also said the company plans to start commercial trials of the 4G technology it is promoting, called time-division long term evolution, or TD-LTE, in China beginning next year. Global telecommunications carriers are in the process of launching services based on LTE technology, which promises faster data download than third-generation networks. China Mobile also said it plans to invest CNY10 billion this year to developing Wi-Fi infrastructure in China. -By Chester Yung, Dow Jones Newswires; 852-2832 2331; chester.yung@dowjones.com

Stock News for China Mobile (CHL)
DateTimeHeadline
05/13/201320:50:40EU Closer to Chinese Trade Probe
04/23/201317:15:13ADR Shares Close Higher; Financial Stocks Gain
04/23/201304:35:10ASIA MARKETS: Asia Stocks Trip Over Weak China Data
04/22/201307:00:12China Mobile's 1Q Profit Growth Slows
04/22/201306:45:02China Mobile's First-Quarter Net Profit Rises 0.3% To CNY27.9...
04/04/201313:00:07Mobile Giants Join Forces to Bid for Myanmar License
03/20/201301:20:05China Telecom Year Profit Falls 9.5%
03/20/201301:15:12China Telecom Net Profit Down 9.5% as It Spends to Compete
03/14/201302:26:18ASIA MARKETS: Asia Stocks Head Down, Though Japan Gains
03/08/201301:30:27MARKET COMMENT: HSI +1.8%; Likely Some Short-Squeezing - UOB-KH
01/10/201308:20:07Talks Raise Hopes of iPhone China Deal
01/10/201305:54:06China Mobile: Chairman Xi, Apple CEO Discuss Cooperation
12/12/201209:54:22Nokia Makes Lumia Phones Available for Pre-Order in China
12/05/201217:06:13ADR REPORT: Shares End Higher; Resource Firms Gain on China Hopes
12/05/201205:20:11Nokia Unveils Low-End Smartphone
12/05/201204:57:35Nokia Unveils Low-End Lumia 620 Smartphone, Running Windows Phone...
12/05/201202:20:10Nokia Launches Smartphone with China Mobile
11/08/201221:02:21China Telecom Chairman: Expect iPhone 5 to Launch November or...
10/25/201206:49:56Nokia Siemens Networks Gets China Mobile TD-LTE Deal
10/22/201208:40:05Softbank-Sprint Deal May Yield Gains for U.S. Consumers

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