Dear Valued Visitor,

We have noticed that you are using an ad blocker software.

Although advertisements on the web pages may degrade your experience, our business certainly depends on them and we can only keep providing you high-quality research based articles as long as we can display ads on our pages.

To view this article, you can disable your ad blocker and refresh this page or simply login.

We only allow registered users to use ad blockers. You can sign up for free by clicking here or you can login if you are already a member.

iPhone China Mobile: Why a Deal Might Be Coming Sooner Than You Think

iPhone China Mobile: In the last few days, there have been rumors about a partnership between China Mobile Ltd. (ADR) (NYSE:CHLand Apple Inc. (NASDAQ:AAPL) to sell the new iPhone 5s and iPhone 5c in the Chinese market. Recent appearances of China Mobile’s online posters announcing the new devices pre-confirm a deal between the biggest Chinese carrier and Apple.


Credit Photo: Apple

After a long-lasting negotiation between China Mobile and the Chinese Ministry of Industry and Information Technology, the firm has obtained permission to operate the TD-LTE band, a necessary step to begin commercializing iPhones in the country. The achievement allows China Mobile to operate 4G technologies in the biggest smartphone market in the world and potentially capture some of the more than 740 million smartphone users here. According to reliable sources close to Chinese authorities, the service will be ready as soon as early November 2014.

For many years, the Chinese market has been dominated by smartphones, particularly provided for companies such as Samsung Electronics Co. (KOSPI:005930) and Lenovo Group Ltd. (HKSE:0992), including Android’s platform.

In this way, if China Mobile begins to offer a version of the latest iPhone, it can solidify its spot as the No. 1 carrier in the country, over China Unicom (Hong Kong) Limited (ADR) (NYSE:CHU) and China Telecom Corporation Limited (ADR) (NYSE:CHA). Check back here for more updates on the iPhone and China Mobile.

Disclosure: Saul Rodriguez holds no position in any of the mentioned stocks.

Recommended Reading:

Why Apple’s Dirt-Cheap At $490 A Share

Apple In France: Carrier Contracts Probed….Again

China Smartphone Market to Reach New Heights by Next Year: IDC

DOWNLOAD FREE REPORT: Warren Buffett's Best Stock Picks

Let Warren Buffett, George Soros, Steve Cohen, and Daniel Loeb WORK FOR YOU.

If you want to beat the low cost index funds by 19 percentage points per year, look no further than our monthly newsletter.In this free report you can find an in-depth analysis of the performance of Warren Buffett's entire historical stock picks. We uncovered Warren Buffett's Best Stock Picks and a way to for Buffett to improve his returns by more than 4 percentage points per year.

Bonus Biotech Stock Pick: You can also find a detailed bonus biotech stock pick that we expect to return more than 50% within 12 months.
Subscribe me to Insider Monkey's Free Daily Newsletter
This is a FREE report from Insider Monkey. Credit Card is NOT required.