Wednesday, May 30, 2007

Rumor:China Mobile goes into fixed network assets

5/30/2007, According to local medias, It is possilbe that China Mobile will purchase some non-core assets of China Netcom and China Telecom. Using these fixed network assets, China Mobile will develope broadband data service.
But According to China Mobile, they didn't hear such information.
In China, there is always such kind of gossip news. But yesterday's gossip can be confirmed the second day. Some local analysts think China mobile cann't have so many money to invest on fixed network after their 3G investments. For me, I hope it is true. Just like Vodafone, to enter fixed network services, it is a good news for China Mobile.
First, FMC is a trend, second, those fixed network assets can be backup network for China mobile. Thirdly, Wireless broadband cann't replace wireline broadband forever.
Anyway, it worths a try for China Mobile.

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