It's no secret that China Mobile (NYSE:CHL) and Apple (NASDAQ:AAPL) need one another. Both are at the epicenter of markets that are absolutely booming, yet they're missing out on part of that boom, mostly because they lack the other's assistance. The good news is that this is an easily solvable problem. The bad news is that each company doesn't want to accede completely to the other's demands. However, one thing is indisputable: The iPhone has only been a value-add in to the Chinese telecom market, which we recently saw with market underdog China Telecom's (NYSE:CHA) quarterly numbers. In this video, tech and telecom analyst Andrew Tonner talks about China Telecom's recent report and how it's bolstered hope for an Apple-China Mobile deal at next month's iPhone announcement.
Fool contributor Andrew Tonner owns shares of Apple. Follow Andrew and all his writing on Twitter at @AndrewTonner. The Motley Fool recommends Apple and owns shares of Apple and China Mobile. Try any of our Foolish newsletter services free for 30 days. We Fools don't all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.