27 May 2019

Apple, China Mobile sign iPhone deal, WSJ says

China Mobile Ltd. (00941.HK) has signed a long-awaited deal with Apple Inc. to offer iPhones on its network, the Wall Street Journal reported on Wednesday, citing people familiar with the situation. The mobile giant, which has more than 700 million subscribers, may kick off the sale of iPhones later this month, probably coinciding with a major company conference in Guangzhou on Dec. 18, when it is expected to unveil a brand for its 4G network, the newspaper said. The iPhone deal would give Apple a big boost in the world’s largest mobile market, it added.

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