China Mobile Ltd Seeks Acquisitions in Emerging Markets

Released on = November 7, 2006, 9:10 pm

Press Release Author = RNCOS

Industry = Industrial

Press Release Summary = By speeding up acquisitions China Mobile Ltd, the largest
mobile phone operator in the world, by market value, is all set to multiply its
customer base across the globe.

Press Release Body = Buying company’s control is the fastest way of expanding
it in a new market. Perhaps that’s why China Mobile Ltd is planning to
continue acquiring the emerging market phone companies overseas. The largest
cell-phone operator in the world by market value, China Mobile, is planning to
increase its customer base by targeting 900 Million people living in rural areas in
China.

Probable regions that China Mobile Ltd is looking at include Asia and Africa.
There’re more earning opportunities in emerging markets, because of low mobile
penetration in these countries, compared to developed areas. As per industry
experts, this strategy of acquiring overseas phone companies will prove to be highly
beneficial for the company in the long run, according to industry experts.

RNCOS a leading market research and industry analysis company has recently published
a report “China Telecom Sector Analysis (2006-2007)”. This report
provides extensive research and objective analysis of the Telecommunication Sector
in China. It will help clients in analyzing the opportunities critical to the growth
of Telecom market in China.

According to the report, “Cun Cun Tong- a program launched by the company in
early 2004- covers several villages. However, the toughest part is to provide
connections for remote areas. About 630,000 villages, or nearly 91 percent of the
total villages in the country, were connected to phone lines in the beginning of
this program. The figure almost rose to 97 percent by late 2005, as 50,000 or more
villages were included in the existing network of China Mobile and other key players
in this sector.”

This market research report will help clients analyze:

- Emerging trends and technologies in the Chinese Telecom Sector.
- Future prospect of the Telecom market in China.
- Key players in Chinese Telecom Market.
- Opportunities and Challenges before the Industry.
- Factors affecting the economy of the country.
- Tactic for the growth of telecom sector in China.

About RNCOS:

RNCOS, incorporated in 2002, provides Market Research Reports for your business
needs and aims to put an end to your information pursuit. Our expertise in gathering
global business information for industry research, corporate training, growth
consulting, and business consulting, brings reputed companies and firms to us for
business enhancement solutions. We can be your one-stop-shop for Industry research
information and niche market analysis.

For more information visit: http://www.rncos.com/Report/IM065.htm

Current Industry News: http://www.rncos.com/blog


Web Site = http://www.rncos.com

Contact Details = RNCOS
Shushmul Maheshwari
Head of Business Development
29, 1st Floor, Patparganj Industrial Area, Delhi 92
91-11-4214-1229
info@rncos.com

  • Printer Friendly Format
  • Back to previous page...
  • Back to home page...
  • Submit your press releases...
  •