P Phone signs MVNO agreement with China Mobile

4 Jan 2008

P Phone (formerly Asia Premium Television Group), a China-based marketing and sales company, has obtained rights to operate as a mobile virtual network operator for China Mobile in the Jiangxi province. The deal, valued at USD6 million, also includes the purchase of a 70% stake in Jianxi Hongcheng Tengyi Telecommunication Company, a local reseller of mobile minutes. P Phone claims it is the first such provincial operator without its own network in China and plans to launch services early this year under the name P Phone Mobile Networks.

China, China Mobile