Davos, Switzerland – Jan 25, 2008. Dow Jones’ Daniel Thomas is reporting new comments from China Mobile CEO Wang Jianzhou regarding growth of the carrier’s subscriber base and the prospects for a China Mobile / Apple deal to bring iPhone to China. According to Thomas’ report, (and contrary to recent media stories) China Mobile is willing to have discussions with Apple Inc. (AAPL) about selling the iPhone in China.
Wang Jianzhou: “We’ve not started any formal negotiations with Apple. The door is open to all for discussions about fashionable phones.”
LONDON -(Dow Jones)-
January 25, 2008: 07:33 AM EST
China Mobile Communications Corp. Chief Executive Wang Jianzhou Friday said he expects to continue adding around 6 million new subscribers a month in 2008, but added that there is still no timetable for a new listing on the Shanghai Stock Exchange.
Speaking to CNBC at the World Economic Forum in Davos, Switzerland, Wang said the world’s largest mobile phone operator by customers was still seeing very large demand for its services.
The company, which has more than 370 million subscribers, added 6 million net new customers per month in 2007. “This year we think we can keep the growth,” he said.
Wang said the company will focus on new subscribers and increasing voice and data usage with existing customers.
He added that despite press reports, the company is still willing to have discussions with Apple Inc. (AAPL) about selling the iPhone in China. “We’ve not started any formal negotiations with Apple. The door is open to all for discussions about fashionable phones,” he said.
Company Web site: http://www.chinamobile.com/en/