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China Mobile in talks with Apple

May. 17, 2012 (China Knowledge) – China Mobile Ltd<0941><CHL>, the country's largest mobile telecom operator, announced yesterday that it is actively talking with Apple Inc., to introduce its iPhone.

Both sides have the intention to strength cooperation with each other, but it is hard to expect whether China Mobile can introduce TD standard iPhone this year, said Xi Guohua, Chairman of China Mobile.

Another two Chinese telecom operators;China Unicom (Hong Kong) Ltd<600050><0762><CHU> and China Telecom Co Ltd<0728> havecooperated with Apple Inc., on WCDMA and CDMA2000 standard iPhone 4S in China.

China Mobile saw its operation revenue increased 7.8% for Q1 2012 over the same period last year to RMB 127.4 billion and its net profit grew 3.5% to RMB 27.8 billion.

As of the end of March 2012, China Mobile had 667.2 million mobile phone subscribers,which includes 59.56 million of 3G users.

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