“China Mobile Ltd. has signed a long-awaited deal with Apple Inc. to offer iPhones on its network, a person familiar with the situation said, an arrangement that would give the U.S. technology giant a big boost in the world’s largest mobile market,” Lorraine Luk and Daisuke Wakabayashi report for The Wall Street Journal.
“The rollout of iPhones on the world’s largest mobile carrier by users, with over 700 million subscribers, is expected to start later this month, around the time of a Dec. 18 China Mobile conference in Guangzhou, according to two people familiar with the carrier’s plans,” Luk and Wakabayashi report. “China Mobile is one of the world’s last major carriers that doesn’t offer the iPhone.”
“At the Dec. 18 event, China Mobile plans to unveil a brand for its fourth-generation, or 4G, network. China Mobile executives have said they would only begin to sell the iPhone after introducing 4G services. China’s Ministry of Industry and Information Technology said Wednesday it gave licenses to China Mobile and its smaller rivals to operate the higher-speed mobile networks, clearing one of the last hurdles,” Luk and Wakabayashi report. “A deal with China Mobile would give Apple access to a subscriber base that is seven times the size of Verizon Wireless, the U.S.’s largest carrier”
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MacDailyNews Take: Boom!
[Thanks to MacDailyNews Readers “Fred Mertz” and “Dan K.” for the heads up.]