For Immediate Release
Chicago, IL – February 9, 2010 – Zacks.com announces the list of stocks featured in the Analyst Blog. Every day the Zacks Equity Research analysts discuss the latest news and events impacting stocks and the financial markets. Stocks recently featured in the blog include: China Mobile (CHL), Google (GOOG), China Unicom (CHU), China Telecom (CHA) and Motorola (MOT).
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Here are highlights from Monday’s Analyst Blog:
China Mobile Touts Ophone Plan
China Mobile (CHL), the world’s largest mobile operator by subscribers, is reportedly warming up to launch up to 30 new smartphone models in 2010 that are designed to run on the carrier’s home-grown TDSCDMA 3G standard. The devices (called “Ophones”) are being developed using the company’s proprietary “Open Mobile System (OMS)” smartphone operating system based on Google’s (GOOG) open-source Android software platform.
Moreover, China Mobile has revealed its plans to build more than 80,000 3G base stations in 2010 to cover all Chinese regions with its 3G TDSCDMA network. The carrier exited 2009 with 5.51 million 3G subscribers and 87,000 3G base stations and currently has 100,000 base stations in aggregate.
Despite its strong market position, China Mobile faces the threat of market share erosion due to stiff competition from its peers China Unicom (CHU) and China Telecom (CHA) as they both operate internationally acclaimed technology-based 3G networks.
Leveraging the widely popular WCDMA standard based 3G network, China Unicom launched iPhones (3G & 3GS) in mainland China in October 2009, offering it a significant competitive edge over China mobile. Moreover, China Unicom is marketing its customized Android handsets (called “Uphones”), which have been designated as a major national project by the Chinese government.
Ophones represent China Mobile’s answer to iPhone. The company has collaborated with leading handset vendors such as Motorola (MOT), LG, Samsung, HTC and others for its Ophone project. China Mobile has already developed 266 TD-SCDMA handset models through these collaborations.
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