China Mobile Chairman: Confident 3G Subscribers 3 Million By Year-End
20 August 2009 - 7:18PM
Dow Jones News
China Mobile Ltd. (CHL) Chairman and Chief Executive Wang
Jianzhou said Thursday the company is confident its
third-generation wireless subscribers will reach around 3 million
by the end of the year.
The world's biggest wireless operator by subscribers also
remains interested in offering Apple Inc.'s (AAPL) iPhones in China
and talks are continuing with the U.S. company, the executive said
at a news conference.
China Mobile has signed a deal with Taiwan's HTC Corp. (2498.TW)
to develop handsets based on China's homegrown TD-SCDMA technology,
Wang said.
China Mobile began to offer TD-SCDMA - or Time Division
Synchronous Code Division Multiple Access - commercially in
January.
It also hopes to work with Taiwan's Mediatek Inc. (2454.TW) to
develop chips used in mobile phones, Wang said.
The executive confirmed he will be traveling to Taiwan to meet
with Taiwanese technology companies on Friday.
-By Lorraine Luk, Dow Jones Newswires; 852-2802-7002;
lorraine.luk@dowjones.com