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China Mobile buys bank stake (Straits Times)

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HONG KONG – PHONE giant China Mobile said Wednesday it will pay about US$5.8 billion (S$8.11 billion) for a 20 per cent stake in Shanghai Pudong Development Bank as part of its bid to enter the wireless banking market. Hong Kong-listed China Mobile, the world’s largest phone operator by market value, said it will...
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China Mobile to Buy $5.8 Billion Stake in Pudong Bank (Update3) (Bloomberg)

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March 10 (Bloomberg) — China Mobile Ltd. , the world’s biggest phone company by market value, agreed to buy 20 percent of Shanghai Pudong Development Bank Co. (read on…) Related items China Mobile buys bank stake (Straits Times) China Mobile to Buy $5.8 Billion Stake in Pudong Bank (Update3) (BusinessWeek) China Mobile to Buy $5.8 Billion Stake in Pudong...
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China Mobile to Buy $5.8 Billion Stake in Pudong Bank (Update3) (BusinessWeek)

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China Mobile Ltd., the world’s biggest phone company by market value, agreed to buy 20 percent of Shanghai Pudong Development Bank Co. for 39.8 billion yuan ($5.8 billion) to expand its electronic-payment business. (read on…) Related items China Mobile buys bank stake (Straits Times) China Mobile to Buy $5.8 Billion Stake in Pudong Bank (Update3) (Bloomberg) China Mobile to...
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China Mobile to Buy $5.8 Billion Stake in Pudong Bank (Correct) (BusinessWeek)

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China Mobile Ltd., the world’s biggest phone company by market value, agreed to buy 20 percent of Shanghai Pudong Development Bank Co. for 39.8 billion yuan ($5.8 billion) to expand its electronic-payment business. (read on…) Related items China Mobile buys bank stake (Straits Times) China Mobile to Buy $5.8 Billion Stake in Pudong Bank (Update3) (Bloomberg) China Mobile to...
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Report: China Unicom preps iPhones with Wi-Fi (CNET)

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After a thaw in some regulatory issues, China Unicom is planning to introduce iPhones with Wi-Fi into the Chinese market. (read the story…) Related items United States of America – China Chamber of Commerce Named Co-Organizer for First Annual Halter Financial Summit … (Business Wire via Yahoo! Finance) China Mobile Hopes to Sell WiFi iPhone (‘Hopes’ Being the...
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