China Mobile has over 700 million subscribers, which should lead to a nice boost in sales for Apple.
At an upcoming December 18th event, China Mobile will show off their new 4G network. Officials with the carrier have long said they would wait to introduce the iPhone until after their 4G network was up and running.
China's Ministry of Industry and Information Technology announced earlier today that it had approved licenses to China Mobile and its rival carriers to operate the broadband networks.
Apple, despite having deals with other Chinese carriers, has struggled to break out in the nation due to major competition from Android makers that offer devices at half the price of the iPhone, or less.
Analysts believe the deal will add 20 million iPhone unit sales per year, a massive increase to Apple's already large sales.
Written by: Andre Yoskowitz @ 4 Dec 2013 22:09
