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.
- Aug 25, 2013 at 5:45PM
- Technology and Telecom