China Mobile's branches in Shandong, Fujian and Shanxi are reportedly planning employee layoffs and nearly 300,000 staff will lose their jobs.
Chinese telecommunications provider China Mobile is setting its sights on Asian domination.
ZTE Corporation says it has been successful in winning orders the latest China Mobile bidding for gigabit passive optical network equipment.
Mobile payments provider Fortumo now has direct carrier billing agreements with China Unicom and China Telecom.
Xi Guohua, chairman of China Mobile, revealed that the TD-LTE industry has matured and 11 new TD-LTE mobile phones are expected to be launched
Wang Hengjiang, deputy general manager for China Mobile's terminal subsidiary, revealed during Qualcomm's Chinese partner summit that in 2012, the company's sales of TD-SCDMA