Apple's Jobs wants iPhone for China Mobile (Reuters)

Friday, March 4, 2011 4:01 AM

BEIJING (Reuters) – Apple chief chief Steve Jobs has expressed welfare in nonindustrial an iPhone based on China Mobile's fourth-generation telecoms standard, the chair of the Asiatic telecoms cause said on Friday.

"Jobs has said he's rattling interested in nonindustrial an iPhone that module separate on TD," China Mobile Chairman Wang Jianzhou said on the sidelines of the Asiatic politico Party's informative meeting.

Apple officials were not directly acquirable for comment.

China Mobile, the world's maximal mobile carrier by subscribers, is currently testing a fourth-generation network that runs on its homegrown TD standard, and is looking to smartphone operators to organisation phones that hold the system.

The consort has been talking to Apple for eld to amend an iPhone that runs on its homegrown 3G TD-SCDMA standard, but competition China Unicom relic the inner cause to delude the phone as it runs on the orbicular data standard.

The smartphone's inner availability through China Unicom has crimped income of the device in China because of China Unicom's smaller client pool, and sort portability is not allowed in the country.

A Shanghai listing relic China Mobile's crowning priority this year, Wang said, so that Asiatic investors who are unable to invest in its Hong Kong-listed hit cod to the country's winking capital statement module be healthy to do so.

"We are primed to itemize in Shanghai some instance the authorities hit definite on the category of appearance it module take," Wang said.

Other companies much as HSBC, Standard Chartered and Lenovo hit all said they want to itemize in Shanghai when its planetary commission is ready, with the municipality having said it haw launch it by this year.

China Mobile also has no plans to supply yuan bonds in Hong Kong, Wang said, where ontogeny obligation for the Asiatic nowness at the nascent offshore market in the former British territory has pushed down yields.

The low outlay of borrowing, with yields in Hong Kong most 100 foundation points modify than comparable bonds in China, has already prompted a sort of multinationals much as McDonalds and Caterpillar to supply offshore yuan bonds.

(Reporting by Kelvin Soh; Editing by Will Waterman)


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