Mizuho Securities Analyst Marvin Lo in Hong Kong said that Apple Inc. (NASDAQ:AAPL)’s deal with China Mobile Ltd. (ADR) (NYSE:CHL) would give it a big increase in the China market as the largest local carrier has the largest number of users. He added that at least 10% or 70 million wealthier ones would be potential customers for iPhones among China Mobile’s more than 700 million mobile subscribers.
By using the nation’s home grown flavor of LTE called TD-LTE, China Mobile will unveil its 4G network. With existing 4G LTE, the carrier technology is unsuited, an attempt by China to avoid paying patent royalities to Qualcomm, much as it former did with its version of 3G service “TD-SCDMA”.
For TD-LTE, Apple (AAPL)’s iPhone 5s and 5c specifically include support and in early September, China’s Telecom Equipment Certification Center approved the two models. Addition of the two new iPhones is a small minority of devices competent of working on China Mobile’s 4G network and licensed by the state.
According to Consumer Reports’ survey released on Thursday, Sprint Corporation (NYSE:S) attained “dreary marks” in voice, text messaging, 4G reliability and value. However, last year, Sprint ranked No. 2 behind Verizon Wireless. The company is in the middle of upgrading its network to offer improved and faster service to customers, but the transformation has been bumpy for users. That’s why in the last few years, many have left the carrier.
A Sprint representative commented on the Consumer Reports’ survey by saying that they’re not necessarily surprising but disappointing. The company is hopeful that declining rate of customers will get better with improvement in the network. Last month, the company demonstrated Sprint Spark, its enhanced LTE network, to stimulate interest for its next-generation network.
Once again, Verizon Communications Inc. (NYSE:VZ) is on top of the list, although Verizon recently admitted that it was facing pressures in big cities like San Francisco and New York. Consumer Reports said that T-Mobile US Inc (NYSE:TMUS) and AT&T Inc. (NYSE:T) attained “ho-hum” results but for 4G reliability, AT&T was the lone carrier to get a top rating. About offering both the fastest and most reliable network in the nation, AT&T has been advertising a lot while to pair with HSPA+ network, T-Mobile has built out its 4G LTE network.
According to survey, many customers are overpaying for their data, with 38 percent of users surveyed using half or less than half of their monthly data plans.
source: http://www.consensuspress.com/china-mobile-to-release-4g-service-with-apple-inc-nasdaqaapls-iphones-sprint-customers-declining/252602/
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