China Mobile finally inks iPhone deal; Huawei expects 4G revenue to double

23 Dec 2013

Reuters reports that China Mobile, the world’s largest cellco by subscribers, has finally signed a long-awaited deal with Apple to sell the US firm’s iPhone handset devices. The pact is expected to help kick-start Mobile’s 4G service, whilst generating billions of dollars of additional revenue for the US manufacturer. The cellco announced that it will begin taking orders for the iPhone on 25 December. The financial terms of the deal were not disclosed.

In related news, Chinese vendor Huawei has revealed that it expects revenues from its 4G network business to double to USD4 billion in 2014, with total turnover from the wireless market surging to USD12.9 million.

China, Apple, China Mobile