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China Mobile to provide broadband service
11/3/2008
the country's largest mobile phone operator, will expand into the potentially lucrative broadband service after the restructure of the mainland telecom sector, according to its president Wang Jianzhou.
Wang told reporters during an interview that China Mobile will focus on broadband-based multimedia services and target corporate clients.
The mobile operator has acquired loss-making fixed-line operator China Tietong, which operates along the nation's railway infrastructure, and generates RMB 16.6 billion in revenue last year with 20.79 million fixed-line subscribers.
Wang also revealed that China Mobile is still in talks with Apple on launching iPhone in Chinese market, but has not reached any agreement yet, adding that there is no a timetable for this issue.
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