China Mobile is the world’s largest carrier – by number of subscribers – currently playing host to 600 million customers. That is a massive potential market for any phone manufacturer to get in on. There have been rumors of Apple partnering with the carrier since Tim Cook was spotted at China Mobile HQ in June, and haven’t really stopped since with various leaks and stories making their way to the surface. For the Chinese market, this is a huge deal. The only difficult point is network compatibility.
According to CaptialVue, the two companies are close to an agreement.
“August 4 — China Mobile (0941.HK) is rumored to have reached an agreement with Apple Inc. to introduce the iPhone 4 in China at the end of October, reports ccidcom.com, citing a company filing.
According to an unnamed source, China Mobile has been in talks with Apple to introduce the iPhone since 2007, and it hopes to make the popular device compatible with its fourth-generation TD-SCDMA network. This is intended to make up for a decline in 3G users in light of stiff competition.”
If this deal goes through in the next few months, don’t be surprised if Apple announces yet another record breaking quarter at the beginning of 2012.