Is China Mobile’s Network Ready for the iPhone?
Will China Mobile’s (NYSE:CHL) iPhone launch be hampered by technological issues? Although Apple (NASDAQ:AAPL) has yet to confirm any deal with the world’s largest carrier, rumors of a pending distribution deal with China Mobile are continuing to swirl.
Speculation about an upcoming deal between the two companies recently got a boost when the Wall Street Journal cited unnamed sources that said Apple was preparing to ship lower-cost iPhones to China Mobile. The report noted that this iPhone shipment was an indication that a deal had already been made.
However, KGI Securities analyst Ming-Chi Kuo believes that even if a deal has been made, China Mobile may have to delay the release of its versions of Apple’s upcoming iPhone models due to its incomplete TDD-LTE network. In a note to investors via Apple Insider, Kuo estimates that the unfinished network could delay the launch of a China Mobile iPhone by one or two months.