CHL China Mobile Limited

    By Ulrike Dauer 

Deutsche Telekom AG (DT) and China Mobile (CHL) Friday said they signed an agreement for a joint venture offering telecommunication services in China's connected-cars business.

Under the plans, both companies plan to jointly develop 4G-based vehicle-information services for drivers in the Chinese connected car market. The joint venture company will start operating at the beginning of 2015.

The Chinese automobile market is the biggest in the world, and requirements for car safety and information and entertainment services in cars are expected to rise in the future.

The deal was signed on the sidelines of the visit of Chinese prime minister Li Keqiang and a delegation of the Chinese government in Berlin.

Write to ulrike.dauer at ulrike.dauer@wsj.com

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